Applied Digital (APLD) Q1 FY2027 Earnings Overview: 322% Revenue Growth Drives a 0.17% Price Rally

Applied Digital reported Q1 FY2027 revenue of $341.9 million, up 322%, and an adjusted loss of $0.01 per share, both ahead of consensus. APLD finished the first completed reaction session with a 0.17% gain as investors weighed the AI lease ramp against heavy capital spending and debt.