Fiscal Q1 2027 capex of $2.07B
Company: Applied Digital
The claim, verbatim
The company spent $2.07B on capex in fiscal Q1 2027 and posted a GAAP net loss of $184.06M.
Source (primary)
Applied Digital Keeps Cratering: This Analyst Keeps Insisting It’s Going to Jump by 390% - Yahoo Finance (-, news_article)
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Quote: “The company posted a GAAP net loss of $184.06M and spent $2.07B on capex in the quarter.”
How we checked this
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Additional evidence
confirms Applied Digital Keeps Cratering: This Analyst Keeps Insisting It’s Going to Jump by 390% - Yahoo Finance
Quote: “The company posted a GAAP net loss of $184.06M and spent $2.07B on capex in the quarter.”