"Performance" CoreWeave's third-quarter losses narrowed, revenue exceeded expectations

AASTOCKS
2025.11.10 21:46

AI infrastructure provider CoreWeave (CRWV.US) announced that its net loss in the third quarter narrowed year-on-year to $110 million, with a loss per share of $0.22. Revenue surged 134% year-on-year to $1.36 billion, exceeding market expectations of $1.29 billion.

The company stated that its backlog amounted to $55.6 billion, with contracted power capacity of 2.9 gigawatts, up from 2.2 gigawatts at the end of June

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