CoreWeave has unveiled its maiden financial report following its U.S. IPO, revealing a substantial revenue of $981.6 million in Q1, marking a year-over-year surge of 420%. Despite incurring a net loss of $314.6 million, the company's adjusted EBITDA margin stood at 62%, with a loss per share of $1.49. Notably, despite the widened net loss, the significant revenue growth propelled shares to climb over 6% in after-hours trading.
