FY2024 total revenue guidance
Company: Applied Digital
What the later record shows
The date slipped
Actual fiscal 2024 revenue was $165.6 million, well below the reaffirmed $385–405 million guidance.
“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 in the 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 reaffirms its previously announced guidance of 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 release states that Applied Digital reaffirms full-year fiscal 2024 total revenue guidance of $385 million to $405 million.
Confirmed in the source:
- Applied Digital's full-year fiscal 2024 total revenue guidance is $385 million to $405 million (reaffirmed in the Oct 9, 2023 release)
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/72/applied-digital-reports-fiscal-first-quarter-2024-financial/) in full (23,308 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 reaffirms its previously announced guidance of total revenue in the range of $385 million – $405 million”
confirms Earnings Release
Quote: “guidance of total revenue in the range of $385 million – $405 million”
confirms Earnings Release
Quote: “Applied Digital reaffirms its previously announced guidance of total revenue in the range of $385 million – $405 million”
confirms Earnings Release
Quote: “Applied Digital reaffirms its previously announced guidance of total revenue in the range of $385 million – $405 million”
confirms Earnings Release
Quote: “Applied Digital reaffirms its previously announced guidance of total revenue in the range of $385 million – $405 million”
confirms Earnings Release
Quote: “Applied Digital reaffirms its previously announced guidance of total revenue in the range of $385 million – $405 million”
delays Earnings Release
Quote: “Fiscal 2024 revenue of $165.6 million versus $55.4 million in 2023”