- Applied Digital posted fiscal Q1 2027 non-GAAP EPS of -$0.01, beating consensus by $0.29.
- Revenue of $341.9M rose 322.5% year over year and beat estimates by $217.33M, a large top-line surprise.
- Services revenue in fiscal Q1 2027 was $262.8M versus $80.9M a year earlier, up 225%.
Quotes
“Services revenue in the fiscal first quarter 2027 was $262.8 million compared to $80.9 million, up 225% from the fiscal first quarter 2026.”