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Market data said CoreWeave's strong quarter, which showed revenue up 168% and capacity booked through 2027, revivedDemandfor AI infrastructure suppliers. Optical peers rose, and the Philadelphia Semiconductor Index jumped about 7%. Applied Optoelectronics closed at $55.86 on above-average volume.
Revenue was $149.0 million, up 18% from $126.0 million. Subscription revenue rose 20% to $134.9 million. Total ARR reached $528.5 million, up 20%, and the dollar-based net retention rate was 116%. GAAP grossMarginwas 81.2%, down from 83.9%, while non-GAAP gross margin was 85.7%.
Revenue was $3.7 billion, up 168% from a year earlier and above the roughly $3.5 billion estimate. Backlog reached about $133 billion. Adjusted operating margin was 10%, up from 1% in the first quarter and 5% in the second, and adjusted EBITDA was $2.3 …
According to market data, the shares closed up about 2.9% on Wednesday in a tech session lifted by results from CoreWeave (NASDAQ:CRWV), then fell roughly 14% to 16% after hours.
Nvidia shares were down about 8% in pre-market, and Nasdaq-100 futures fell about 0.9%. The technology sector ETF was down about 1.7%, according to market data. Nvidia has not announced aLeadershipchange, and it reportsEarningson November 17 after the close.
Revenue totaled $478 million, up 7.4% from $445 million, or 7.6% on an organic constant currency basis. CARFAX revenue rose 8% to $313 million and B2B revenue rose 6% to $164 million. Subscription revenue increased 7% to $389 million. Market data cited a revenue …
Revenue was $980.8 million for the quarter, compared with $146.1 million a year earlier. Nine-month revenue totaled $1,962.1 million, up 549%. Adjusted EBITDA came in at $465.8 million, against a loss of $5.2 million. Income from operations was $50.4 million, compared with a loss …
According to reports, the board met on Wednesday to discuss Huang's position following reports about his personal relationships with executives. An outside search firm has reportedly been engaged, with an interim CEO under consideration. The company has not confirmed these reports. U.S. lawmakers have …
Supermicro announced on Wednesday that its H15 generation server portfolio is shipping, powered by 6th Gen EPYC 9006 Series processors from AMD (NASDAQ:AMD), formerly codenamed Venice. The company said the systems deliver up to 33% more cores, 2x PCIe bandwidth and 1.6 TB/s of …
● Evercore ISI cut its price target to $90 from $150.
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