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Nvidia-backed CoreWeave beats first-quarter revenue estimate

ReutersMay 14, 2025 8:07 PM

- CoreWeave CRWV.O on Wednesday beat Wall Street estimate for quarterly revenue in its first set of results as a public company, signaling strength in demand for the Nvidia-backed NVDA.O AI cloud computing startup's services.

The company reported revenue of $981.6 million during the first quarter, compared with analysts' average estimate of $852.9 million, according to data compiled by LSEG.

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