APLD Stock Soars 6% After-Hours After Q4 Revenue Quadruples On $20B Backlog

APLD stock rose 6% in after-hours trading following Q4 earnings release.

Q4 revenue reached $258.7 million, quadruple the prior year.

Revenue beat analyst consensus of $95.32 million significantly.

The company reported a $20 billion backlog supporting future growth.