According to MoneyDJ, CoreWeave (CRWV.US) reported third-quarter revenue of $3.66 billion yesterday (November 10 after hours), beating analyst estimates of $3.55 billion and posting an adjusted loss per share of $0.95, better than the expected $1.16 loss. The AI cloud infrastructure provider also raised its full-year revenue guidance to $13.0–$13.3 billion from $12.4–$13.2 billion. Stock price climbed over 5% following the earnings release.

Looking ahead, CoreWeave projected adjusted operating profit of $1.275–$1.375 billion and guided capital expenditures to $37.0–$39.0 billion. The company expects to reach adjusted profitability by the first half of 2028. CFO Nitin Agrawal stated the company intends to avoid issuing additional unsecured parent-level debt at current interest rates through end of 2027, though it plans to pursue customer contract-linked financing. As of September, CoreWeave had $132.5 billion in signed but undelivered revenue, up from $104.0 billion at end of June.

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