Potential material revenue impact from Garden City outage in Q1 2024
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
The passages give quarterly revenue and segment results for the quarter ended February 29, 2024, but none says how long the Garden City outage lasted or how much it affected revenue.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Management believes the impact to revenues could be material for the quarter ending February 29, 2024 if the Garden City outage lasts significantly longer than the expected three days.
Source (primary)
Applied Digital 8-K filed 2024-02-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “management believes that the impact to revenues could be material for the quarter ending February 29, 2024 if the outage lasts significantly longer than the current expectation of three days”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing states that management believes the revenue impact could be material for the quarter ending February 29, 2024 if the Garden City outage lasts significantly longer than the expected three days.
Confirmed in the source:
- Management believes the revenue impact could be material for the quarter ending February 29, 2024
- This would be the case if the Garden City outage lasts significantly longer than the expected three days
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000037/apld-20240214.htm) in full (6,150 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-02-15
Quote: “management believes that the impact to revenues could be material for the quarter ending February 29, 2024 if the outage lasts significantly longer than the current expectation of three days”