Cloud Services Business launch and customer base
Company: Applied Digital
The claim, verbatim
Officially launched Cloud Services Business in May 2023; currently serves 2 customers and represented 17% of revenue in fiscal 2024
Source (primary)
Applied Digital 10-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We officially launched our Cloud Services Business in May 2023. The Cloud Services Business currently serves two customers and accounted for approximately 17% of our revenue in fiscal year 2024.”
How we checked this
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Additional evidence
confirms Applied Digital 10-K filed 2024-08-30
Quote: “We officially launched our Cloud Services Business in May 2023. The Cloud Services Business currently serves two customers and accounted for approximately 17% of our revenue in fiscal year 2024.”