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Cerebras falls 14% in extended trading after Q2 results, revenue miss

Investor's Business Daily +1 ·

CBRS Cerebras Systems Inc
$262.13 +11.66%
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  1. 1Cerebras Systems (CBRS) shares fell 14% in Wednesday's extended trading after second-quarter results and revenue both fell short of estimates.
  2. 2The adjusted loss per share was $2.98, well above the expected loss of $0.18, while revenue came in at $180.1 million, below the consensus of $193.6 million.
  3. 3Core revenue rose 103% year over year to $209.9 million, and the company raised its 2026 full-year core revenue guidance to $880 million–$890 million.

This 3-line summary is compiled from the report below.

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