Quarterly interest expense of $77.4 million
Company: Applied Digital
The claim, verbatim
In the quarter ended Aug. 31, Applied Digital's interest expense of $77.4 million exceeded its $65.8 million of base rent.
Source (primary)
Applied Digital Sinks 15% as Data Center Rout Deepens: “Remain in Gridlock” - TIKR.com (-, news_article)
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Quote: “In the quarter ended Aug. 31, interest expense of $77.4 million topped $65.8 million of base rent”
How we checked this
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Additional evidence
confirms Applied Digital Sinks 15% as Data Center Rout Deepens: “Remain in Gridlock” - TIKR.com
Quote: “In the quarter ended Aug. 31, interest expense of $77.4 million topped $65.8 million of base rent”
confirms Applied Digital Sinks 18% in a Week to a 52-Week Low: “A Highly Technical Real Estate Business” - TIKR.com
Quote: “In the quarter to Aug. 31, interest expense hit $77.4 million.”