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CNBC: CoreWeave shares rose 15.4% pre-market at 04:06 EST, raising full-year guidance following earnings report
According to CNBC, as of 04:06 AM Eastern Time on Wednesday, CoreWeave's pre-market shares rose 15.4%. The company previously reported third-quarter revenue of $3.7 billion, a 168% year-over-year increase, and raised its full-year guidance. Citing the CEO, the report noted that growth is supported by multiple financing sources, including customer contract-backed financing as well as approximately $9 billion in customer prepayments and deposits. The pre-market gains reflect data at the time of reporting and do not represent the closing performance.
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