LIVINGSTON, N.J. (AP) — LIVINGSTON, N.J. (AP) — CoreWeave Inc. (CRWV) on Monday reported a loss of $110.1 million in its third quarter.
The Livingston, New Jersey-based company said it had a loss of 22 cents per share. Losses, adjusted for one-time gains and costs, were 8 cents per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.
The cloud computing company posted revenue of $1.36 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $1.28 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
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