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Fiscal 2024 revenue guidance

Company: Applied Digital

Subject kind
guidance
Statement date
2023-07-24
Promised by
2024-05-31
Current status
outcome unconfirmed

What the later record shows

The date slipped

Actual fiscal 2024 revenue was $165.6 million, far below the expected $385–405 million.

“Fiscal 2024 revenue of $165.6 million versus $55.4 million in 2023”
2024-08-28 · Earnings Release View cached copy (2026-10-08)Live source ↗Archive.org ↗

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

Full-year fiscal 2024 total revenue expected in range of $385 million to $405 million

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗

Quote: “For full-year fiscal 2024, Applied Digital expects total revenue in the range of $385 million – $405 million”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The guidance section states expected full-year fiscal 2024 total revenue of $385 million to $405 million.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/66/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (23,089 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “For full-year fiscal 2024, Applied Digital expects total revenue in the range of $385 million – $405 million”

View cached copy (2026-09-01)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “For full-year fiscal 2024, Applied Digital expects total revenue in the range of $385 million – $405 million”

View cached copy (2026-09-25)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “For full-year fiscal 2024, Applied Digital expects total revenue in the range of $385 million – $405 million”

View cached copy (2026-09-29)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “For full-year fiscal 2024, Applied Digital expects total revenue in the range of $385 million – $405 million”

View cached copy (2026-10-08)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “For full-year fiscal 2024, Applied Digital expects total revenue in the range of $385 million – $405 million”

View cached copy (2026-10-03)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “For full-year fiscal 2024, Applied Digital expects total revenue in the range of $385 million – $405 million”

View cached copy (2026-10-06)Live source ↗

delays Earnings Release

Quote: “Fiscal 2024 revenue of $165.6 million versus $55.4 million in 2023”

View cached copy (2026-10-08)Live source ↗Archive.org ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Review. statement_date 2026-09-01 was the source's retrieval date; source published 2023-07-24.