CoreWeave and Nebius Group Report Divergent Results
NBIS Nebius Group NV
$115.88 -9.92%
View chart & analysis → - 1CoreWeave recorded $3.66 billion in third-quarter revenue, achieving a 168% revenue growth rate for the quarter.
- 2CFO Nitin Agarwal stated that CoreWeave will receive $9 billion in customer prepayments over the next three months.
- 3Nebius Group recorded $981 million in third-quarter revenue.
So what's the key point?
CoreWeave grew significantly with revenue increasing by 168%. This means the company expects to receive $9 billion in prepayments from customers in the future. Nebius Group recorded $981 million in revenue.
Source Barrons.com +3 · View original ↗
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