Good afternoon, and welcome to Applied Digital Fiscal First Quarter 2026 Conference Call. My name is Constantine, and I will be your operator for today. Before this call, Applied Digital issued its financial results for the fiscal first quarter ended August...
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...
Thanks, Matt, and good afternoon, everyone. Thank you for joining our first quarter fiscal 2026 conference call. I'd like to begin by expressing my sincere appreciation to our employees for their continued dedication to our mission. Delivering purpose-built...
Thanks, Wes, and good afternoon, everybody. Let me begin with the recent announcements regarding our financing. We secured an initial $112.5 million draw from a $5 billion preferred equity facility with Macquarie Asset Management to advance construction of...
Thank you, Saidal. In closing, I want to emphasize that as we add a second location with Polaris Forge Two, we expect to see a significant increase in our net operating income anchored by long-term contracts with hyperscale tenants. Applied Digital is...
Thank you very much. Question and answer session. You will hear a prompt that your hand has been raised. If you'd like to withdraw from the polling process, please press star followed by number two. If you are using a speakerphone, please make sure to lift...