CoreWeave's Revenue Surges, Loss Narrows
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first earnings releaseCNBC
•Business
Business & Economics
CoreWeave beats on revenue, reports over 400% growth in first earnings after IPO

81% Informative
CoreWeave delivered faster revenue growth than analysts were expecting.
The cloud provider rents out Nvidia graphics processing units.
Revenue soared 420% in the quarter , from $188.7 million to $981.6 million .
The company's net loss widened from $ 129.2 a year earlier , partly because of $177 million in stock-based compensation costs.
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