-+ 0.00%
-+ 0.00%
-+ 0.00%
Cerebras: Q2 Earnings Snapshot
Share
Listen to the news

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Cerebras Systems Inc. (CBRS) on Wednesday reported a loss of $450.5 million in its second quarter.

On a per-share basis, the Sunnyvale, California-based company said it had a loss of $2.98. Losses, adjusted for non-recurring costs, were 4 cents per share.

The artificial intelligence hardware and infrastructure company posted revenue of $180.1 million in the period. Its adjusted revenue was $209.9 million.

For the current quarter ending in September, Cerebras said it expects revenue in the range of $214 million to $216 million.

The company expects full-year revenue in the range of $880 million to $890 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBRS at https://www.zacks.com/ap/CBRS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending