CoreWeave Q3 Revenue Jumps 168% to $3.66 Billion, Guidance Raised
CoreWeave reported Q3 revenue of $3.66 billion, up 168% and above expectations, and raised its full-year guidance to at least $13 billion.
Story updates
10:10:10 PM UTC
SquawkNews
Shares of CoreWeave (CRWV) rose as much as 8% in after-hours trading on Tuesday after the AI cloud provider reported stronger-than-expected third-quarter results, raised full-year guidance, and noted an increase in revenue backlog that reinforced conviction in demand.The stock climbed as high as $5…
CoreWeave (CRWV) shares are extended gains in after-hours trading on Nov. 10 after the artificial intelligence (AI) infrastructure provider posted a better-than-expected 168% increase in Q3 revenue to $3.66 billion.Management also raised its full-year guidance to at least $ 13 billion, while reveal…