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HPC Ellendale facility expected operational in calendar year 2025

Company: Applied Digital

Subject kind
guidance
Statement date
2024-08-29
Current status
stated

The claim, verbatim

The HPC Ellendale Facility is expected to become operational and begin generating meaningful revenues in calendar year 2025

Source (primary)

Applied Digital 10-K filed 2024-08-30 (SEC EDGAR, sec_filing)
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Quote: “We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected in calendar year 2025.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital 10-K filed 2024-08-30

Quote: “We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected in calendar year 2025.”

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