Cerebras Reports Earnings

Cerebras Systems’ stock bucked the chip-sector selloff in Tuesday’s regular session — but it was getting punished in after-hours trading, despite better-than-expected results and guidance in the AI-chip maker’s first earnings report as a public company. 2 million. The company uses “core financial results,” which it says “exclude the impact of amortization of customer warrants, data-center pass-through revenues and costs,” among other items.