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Cerebras reports 92% revenue growth in chipmaker's first earnings report since IPO
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- Cerebras said revenue almost doubled in the AI chipmaker's first earnings report since its initial public offering last month.
- The company's revenue increased 92% in the first quarter from $99.5 million a year earlier, according to a statement.
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Cerebras said revenue almost doubled in the AI chipmaker's first earnings report since its initial public offering last month. The stock fell 7% in extended trading.
The company's revenue increased 92% in the first quarter from $99.5 million a year earlier, according to a statement. Net loss shrank to $14 million from $23.9 million, or 46 cents per share, a year ago.
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