FQ1 interest expense $77.4M vs $65.8M base rent
Company: Applied Digital
The claim, verbatim
Interest expense rose to $77.4 million in the fiscal first quarter ended Aug. 31 from $8.0 million a year earlier, exceeding the $65.8 million of base rent.
Source (primary)
B. Riley Cut Its Applied Digital Target to $51. It Still Sees 185% Upside - TIKR.com (-, news_article)
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Quote: “interest expense rose to $77.4 million from $8.0 million a year earlier, more than the $65.8 million of base rent”
How we checked this
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Additional evidence
confirms B. Riley Cut Its Applied Digital Target to $51. It Still Sees 185% Upside - TIKR.com
Quote: “interest expense rose to $77.4 million from $8.0 million a year earlier, more than the $65.8 million of base rent”