CoreWeave's third-quarter revenue came in at $36.6 billion, beating analyst expectations of $35.6 billion. The cloud infrastructure company also posted a net loss of $709 million, better than the projected $850.4 million loss. The company raised its full-year revenue guidance to $130–133 billion from the previous range of $120–130 billion.

As of September 30, CoreWeave's order backlog reached approximately $132.5 billion, underscoring strong demand for its AI compute services. The stock rose 5.9% in after-hours trading following the announcement.

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