
Cerebras Systems Reports Q1 Revenue of $193.4 Million, Beating Analyst Estimates of $181.4 Million
More updates to follow
Cerebras Systems reported first-quarter revenue of $193.4 million, exceeding analyst expectations of $181.4 million. Hardware revenue for the first quarter was $110.6 million, while cloud revenue stood at $82.8 million.
The company forecasts full-year revenue between $855 million and $865 million, compared to analyst estimates of $824.8 million. For the second quarter, revenue is projected to be approximately $194 million, surpassing the analyst consensus of $173.3 million.
