Applied Digital Corporation (NASDAQ:APLD) has announced its current and preliminary expectations for the financial results of its fiscal fourth quarter, which ended on May 31, 2024.

For the fiscal fourth quarter, the company estimates its revenues to be approximately $41.7 million to $43.7 million.

Additionally, the company expects its adjusted EBITDA to be in the range of $2.8 million to $4.8 million.