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CoreWeave stock jumps 15% premarket after Q3 revenue beats estimates

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Cointelegraph
By Cointelegraph by Zoltan Vardai
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CoreWeave stock jumps 15% premarket after Q3 revenue beats estimates
Photo / Coverage: CointelegraphCredit: Cointelegraph by Zoltan Vardai
EXECUTIVE SUMMARY

CoreWeave’s third-quarter revenue rose 168% to $3.66 billion, beating analyst estimates by 3.4%. Its revenue backlog reached $132.5 billion.

Key Takeaways

  • CoreWeave stock jumps 15% premarket after Q3 revenue beats estimates.
  • CoreWeave’s third-quarter revenue rose 168% to $3.66 billion, beating analyst estimates by 3.4%.
  • Its revenue backlog reached $132.5 billion.

CoreWeave’s third-quarter revenue rose 168% to $3.66 billion, beating analyst estimates by 3.4%. Its revenue backlog reached $132.5 billion.

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