COREWEAVE $CRWV JUST REPORTED Q2 EARNINGS
- Revenue of $2.58B beating expectations of $2.56B ๐ข (up from $1.212B in the same period last year)
- Adjusted operating income of $128M beating expectations of $66.6M ๐ข
- Adjusted EBITDA margin of 59%, above expectations of 55.4% ๐ข
Net loss of $626M, widening from a $290M net loss in the same period last year
Revenue backlog of approximately $104 billion, not including more than $25 billion in new customer commitments added in early Q3
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