FY2024 exit revenue run rate guidance
Company: Applied Digital
The claim, verbatim
Expected to exit fiscal year 2024 at an annual revenue run rate of approximately $500 million
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “We now expect to exit fiscal year 2024 at an annual revenue run rate of approximately $500 million”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The press release's guidance section states the company now expects to exit fiscal 2024 at an annual revenue run rate of approximately $500 million.
Confirmed in the source:
- Applied Digital expected to exit fiscal year 2024 at an annual revenue run rate of approximately $500 million
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/81/applied-digital-reports-fiscal-second-quarter-2024-results/) in full (25,989 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “We now expect to exit fiscal year 2024 at an annual revenue run rate of approximately $500 million”