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Cerebras beats revenue estimates and lands Microsoft deal, CNBC reports
The Microsoft partnership expands Cerebras’ customer base beyond OpenAI, which supplied 32% of June-quarter revenue, Barron’s reports.
TLDR
According to CNBC, Cerebras posted third-quarter core revenue of $230.9 million versus $214.7 million expected, and adjusted earnings of 12 cents a share versus an expected 14-cent loss. The company forecast fourth-quarter revenue of $310 million–$330 million, above the $271 million consensus. CEO Andrew Feldman told CNBC he expects revenue from the Microsoft deal to begin in the first quarter of 2027.
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