CoreWeave beats quarterly revenue estimates on sturdy AI demand
ReutersAug 12, 2025 8:09 PM
Aug 12 (Reuters) - CoreWeave CRWV.O beat Wall Street estimates for second-quarter revenue on Tuesday, driven by accelerating demand for the Nvidia-backed NVDA.O AI cloud computing firm's services.
The company reported revenue of $1.21 billion for the quarter, compared with analysts' average estimate of $1.08 billion, according to data compiled by LSEG.
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