Applied Digital Corporation

Applied Digital Corporation

$7.36
-0.12 (-1.6%)
NASDAQ Global Select
USD, US
Information Technology Services

APLD Price Chart

Basic
Market Cap$2.03B
Price$7.36
52 Week Range2.36-11.25
Beta4.63
Margins
Gross Profit Margin5.58%
Operating Profit Margin-28.02%
Net Profit Margin-109.99%
Valuation (TTM)
P/E Ratio-11.44
Price to Sales Ratio12.73
Price to Book Ratio5.59
PEG Ratio-0.55

Industry

Information Technology Services

Sector

Technology

Full-Time Employees

150

IPO Date

2022-04-13T00:00:00.000Z

Description

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions and cloud services high-performance computing (HPC) and artificial intelligence industries in North America. It operates through three segments: Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation is based in Dallas, Texas.

Phone

214 427 1704

Address

3811 Turtle Creek Boulevard, Dallas, TX, 75219, US

CIK

0001144879