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Applied Digital reports Q1 FY2027 revenue $341.9M, adjusted EBITDA $64.4M; net loss $221.0M

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Applied Digital reported fiscal first quarter 2027 revenue of $341.9 million and a net loss attributable to common stockholders from continuing operations of $221.0 million (basic and diluted loss per share $0.76). On a non-GAAP basis excluding ChronoScale, adjusted revenue was $300.4 million, adjusted net loss was $4.1 million (adjusted diluted loss per share $0.01) and adjusted EBITDA was $64.4 million. The company ended the quarter with $3.7 billion in cash, cash…

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