Cerebras Systems reports Q2 revenue of $180.1M, missing consensus, shares fall 8%
Cerebras Systems reported Q2 revenue of $180.1M, below the consensus estimate of $193.6M, with a net loss of $450.5M and loss per share of $2.98. The stock fell 8% following the disappointing revenue result.
Detected & updated continuously · Source: Nebula
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@dollar_mara
$CBRS *Cerebras Systems 2Q Revenue $180.1M *Cerebras Systems 2Q Loss/Shr $2.98 *Cerebras Systems 2Q Net Loss $450.5M
@dollar_mara
$CBRS *CEREBRAS FALLS 8% AS 2Q REVENUE DISAPPOINTS
@DV_Memetics
$CBRS Earnings Preview: Margin and the 2H Ramp $CBRS $262, +11.7%, reports Q2 after close; options imply a ~16% move. Consensus calls for $193.6M of revenue and a $0.18 loss per share. Revenue is essentially in line with management's $194M guide, leaving core gross margin, Q3 https://t.co/tnTgQSb8P0