CoreWeave Beats Expectations in Q3
Update: 2025-11-11
Description
CoreWeave Incorporated, a cloud computing company, reported a net loss of $110.1 million for Q3, translating to a loss of $0.22 per share. However, after adjusting for one-time gains and costs, the loss was $0.08 per share, surpassing Wall Streets expectations of $0.39 per share. The company also exceeded revenue forecasts, bringing in $1.36 billion, compared to the predicted $1.28 billion, indicating strong performance despite ongoing losses.
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