Digital Currency

Add as a preferred source on Google

Cerebras Raises Full-Year Outlook After 70% Quarterly Revenue Growth

Third-quarter core revenue reached $230.9 million, up 70% from a year earlier. Cerebras raised its full-year core-revenue outlook to $940 million to $960 million.

Updated 1 min read
A pedestrian checks a phone outside Cerebras Systems headquarters in Sunnyvale, California. / EconoTimes.ai
A pedestrian checks a phone outside Cerebras Systems headquarters in Sunnyvale, California. / EconoTimes.ai

Cerebras reported higher third-quarter core revenue and lifted its full-year outlook, pairing a year-over-year sales increase with a higher projected revenue range in its latest results.

Cerebras reported third-quarter core revenue of $230.9 million, 70% higher than a year earlier.

The company raised its full-year core-revenue outlook to $940 million to $960 million.

Related articles

View all