Overview
- CoreWeave posted Q4 revenue of $1.57 billion versus $1.55 billion expected, with a loss per share of $0.89.
- Remaining performance obligations rose to $66.8 billion from $55.6 billion in the prior quarter.
- Shares fell as much as 7% in extended trading following the results.
- The company reported $21.37 billion in debt at year-end and increased a credit facility to $2.5 billion.
- Nvidia disclosed a $2 billion equity investment in CoreWeave, deepening their partnership.