Applied Digital Corp (NASDAQ: APLD) released its financial results for the third quarter of fiscal 2026 after the market closed on Wednesday. Key highlights include third-quarter revenue of $126.6 million, surpassing analyst estimates of $76.56 million. The company reported adjusted earnings of nine cents per share, exceeding estimates for a loss of 10 cents per share. Total revenue saw a 139% increase year-over-year, attributed to growth in the HPC hosting business and improvements in other segments. Applied Digital stock is currently trending post earnings release. These remarkable figures have spurred market interest in APLD stock.