Quarterly interest expense $77.4M exceeded $65.8M base rent
Company: Applied Digital
The claim, verbatim
During the quarter, interest expense of $77.4 million exceeded base rent of $65.8 million.
Source (primary)
Applied Digital Is Still Down 39% in the Past Month: Is APLD Stock Hopeless or Ready for a Rebound? - 24/7 Wall St. (-, news_article)
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Quote: “the company’s interest expense of $77.4 million exceeded its $65.8 million of base rent”
How we checked this
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Additional evidence
confirms Applied Digital Is Still Down 39% in the Past Month: Is APLD Stock Hopeless or Ready for a Rebound? - 24/7 Wall St.
Quote: “the company’s interest expense of $77.4 million exceeded its $65.8 million of base rent”