Applied Digital misses quarterly revenue estimates as clients delay renewing data center leases
Applied Digital reported third-quarter revenue below Wall Street estimates on Monday, as clients delayed renewing their data center leases, sending shares of the company down 11 per cent in extended trading.The data center operator said its board has approved…
Applied Digital reported third-quarter revenue below Wall Street estimates on Monday, as clients delayed renewing their data center leases, sending shares of the company down 11 per cent in extended … [+1499 chars]
Published by: CNA
Read full article here: https://www.channelnewsasia.com/business/applied-digital-misses-quarterly-revenue-estimates-clients-delay-renewing-data-center-leases-5065841
