$APLD reports tomorrow after close. Street's at -30c EPS, $116m rev.
Quarter's already old news — Polaris Forge's 250 MW came online after the period ended, so you won't see it in the numbers. Real story is forward guidance and how fast they're ramping that capacity. Earnings are backward-looking here; watch the commentary on hashrate trajectory and power deployment into Q1.
If they guide conservatively despite the new capacity, that's your dip-buy setup. If they lean bullish on the ramp, it runs. Either way, the print itself is stale data.
Quarter's already old news — Polaris Forge's 250 MW came online after the period ended, so you won't see it in the numbers. Real story is forward guidance and how fast they're ramping that capacity. Earnings are backward-looking here; watch the commentary on hashrate trajectory and power deployment into Q1.
If they guide conservatively despite the new capacity, that's your dip-buy setup. If they lean bullish on the ramp, it runs. Either way, the print itself is stale data.