CoreWeave reported third-quarter revenue of $3.66 billion, surpassing analysts' expectations of $3.56 billion. Its net loss came in at $709 million, narrower than the anticipated loss of $850.4 million. As of September 30, the company's sales order backlog stood at approximately $132.5 billion. CoreWeave raised its full-year revenue guidance to a range of $13 billion to $13.3 billion, up from its previous forecast of $12 billion to $13 billion. Following the announcement, CoreWeave shares rose 5.9% in U.S. after-hours trading, while Nebius Group NV gained 3%.
