Applied Digital Corporation (APLD) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Applied Digital's fiscal first quarter 2026 conference call. My name is Konstantin and I will be your operator for today. Before this call, Applied Digital issued its financial results for the fiscal first quarter ended August 31st, 2025 in a press release, a copy of which has been furnished in a report on a Form 8K filed with the Securities and Exchange Commission, or SEC, and will be available in the investor relations section of the company's website. Joining us on today's call are Applied Digital's Chairman and CEO, Wes Cummins, and CFO, Seydal Mohamed. Following the remarks, we will be opening the call for questions. Before we begin, Matt Glover from Gately Group will make a brief introductory statement. Mr. Glover, you may begin. Thank you, Operator. Hello, everyone, and welcome to Applied Digital's fiscal first quarter 2026 conference call. Before management begins formal remarks, we'd like to remind everyone that some statements we're making today may be considered forward-looking statements under securities laws and involve a number of risks and uncertainties. As a result, we caution you that there are a number of factors, many of which are beyond our control, which could cause actual results and events to differ materially from those described in the forward-looking statements. For more detailed risks, uncertainties, and assumptions relating to our forward-looking statements, please see the disclosures on earnings release and public filings made with the SEC. disclaim any obligation or any undertaking to update forelooking statements to reflect circumstances or events that occur after the date the forelooking statements are made, except as required by law. We also discuss non-GAAP financial metrics and encourage you to read our...