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Cerebras Systems Announces Revenue Beat and Microsoft Deal

CNBC · ·by G4L

MSFT Microsoft Corp
$523.00 +0.36%
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  1. 1Cerebras Systems reported revenue and quarterly guidance that exceeded expectations.
  2. 2Cerebras shares rose 17% in after-hours trading.
  3. 3Cerebras Systems signed a new contract with Microsoft.

So what's the key point?

Cerebras Systems earned more money than experts expected and also signed a deal with Microsoft. The stock price rose 17% following this news.

Source CNBC · View original ↗

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