Applied Digital (APLD) Revenue — Quarter Ended May 31, 2023
Revenue for the quarter increased compared with the immediately preceding quarter. Revenue also rose compared with the same quarter one year earlier.
Key takeaway
Quarter ended May 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared with the immediately preceding quarter. Revenue also rose compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22M
Revenue reported for this quarter.
Quarter-over-quarter
+56.4%
Change from the immediately preceding quarter.
Year-over-year
+192.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$55.4M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Aug 31, 2022 | $6.9M | n/a |
| Nov 30, 2022 | $12.3M | n/a |
| Feb 28, 2023 | $14.1M | +1273.3% |
| May 31, 2023 | $22M | +192.9% |
Revenue performance
The reported revenue reflects an upward direction. The company achieved higher revenue in the current period.
Quarterly comparison
Compared with the previous quarter, revenue improved. On a year-over-year basis, revenue also showed growth.
What to watch
The filing provides no additional context to explain the revenue movement.