Applied Digital is trading at $27.81 (5.4% up) in after-hours trading following a major fiscal Q4 2026 earnings surprise.
- The company reported a surprise profit and revenue of $258.7 million, far exceeding the $95 million consensus estimate.
- Growth was driven by the rapid expansion of its AI-focused data center and digital infrastructure business.
- Strong crypto market sentiment provided secondary support to the earnings-driven rally.