Cerebras beats Q3 expectations, signs Microsoft cloud deal
Cerebras reported core revenue of $230.9M, up 70%, and expects revenue to triple in 2027; shares rose ~15% after hours.
What we know
Core revenue came in at $230.9M vs ~$215M expected, with cloud and services up 265%. The CEO said it signed an important cloud deal with Microsoft. It expects revenue to triple in 2027.
Microsoft share price
$522.05 +4.8% · 3 mo
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@wallstengine
“Cerebras says it has signed an important cloud deal with Microsoft”
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