Lates News

CoreWeave reported a revenue of $2.58 billion in the second quarter, slightly above analysts' expectations of $2.56 billion. The net loss for the second quarter was $626 million, while analysts had expected a loss of $757.1 million. Adjusted EBITDA for the second quarter was $1.51 billion, exceeding analysts' expectations of $1.43 billion. Operating loss for the second quarter was $49 million, compared to analysts' expectations of a loss of $86.5 million. The loss per share for the second quarter was $1.14, better than analysts' expectations of a loss of $1.41. CoreWeave's stock fell 3% after hours.