Quarterly interest expense
Company: Applied Digital
The claim, verbatim
Applied Digital's interest expense rose to $78.9 million in the quarter ended Aug. 31, up from $9.6 million a year earlier.
Source (primary)
CoreWeave Has “a Sentiment Problem.” Its Landlord Applied Digital Has $11 Billion Riding on It - TIKR.com (-, news_article)
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Quote: “Applied Digital's interest expense jumped to $78.9 million in the quarter to Aug. 31, from $9.6 million a year earlier.”
How we checked this
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Additional evidence
confirms CoreWeave Has “a Sentiment Problem.” Its Landlord Applied Digital Has $11 Billion Riding on It - TIKR.com
Quote: “Applied Digital's interest expense jumped to $78.9 million in the quarter to Aug. 31, from $9.6 million a year earlier.”