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CoreWeave: Q3 Earnings Snapshot
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LIVINGSTON, N.J. (AP) — LIVINGSTON, N.J. (AP) — CoreWeave Inc. (CRWV) on Tuesday reported a loss of $709 million in its third quarter.

The Livingston, New Jersey-based company said it had a loss of $1.27 per share. Losses, adjusted for one-time gains and costs, came to $1 per share.

The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of $1.16 per share.

The cloud computing company posted revenue of $3.66 billion in the period, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $3.54 billion.

CoreWeave expects full-year revenue in the range of $13 billion to $13.3 billion.

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

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.
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