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CoreWeave shares surge as Q3 revenue grows 168%

The Motley Fool +1 · ·by G4L

CRWV CoreWeave Inc
$53.13 -6.13%
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  1. 1CoreWeave recorded a 168% year-over-year revenue growth rate in the third quarter.
  2. 2CoreWeave achieved $3.66 billion in third-quarter revenue.
  3. 3CoreWeave expects to collect $9 billion in customer prepayments over the next three months.

So what's the key point?

CoreWeave's third-quarter revenue increased by 168% compared to last year. The company is growing with a large amount of money expected from customers in the future.

Source The Motley Fool +1 · View original ↗

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