Cerebras Systems Reports Q1 Revenue of $193.4 Million, Beating Analyst Expectations of $181.4 Million. Q1 Hardware Revenue Was $110.6 Million, Cloud Revenue $82.8 Million. Full-Year Revenue Forecast at $855–865 Million vs. Analyst Expectations of $824.8 Million. Q2 Revenue Expected to Be Approximately $194 Million, Beating Analyst Expectations of $173.3 Million
Cerebras Systems reported Q1 revenue of $193.4 million, exceeding expectations. Hardware revenue amounted to $110.6 million, while cloud revenue reached $82.8 million. The company forecasts full-year revenue between $855 million and $865 million, surpassing analyst expectations of $824.8 million; it also expects Q2 revenue of approximately $194 million, again beating expectations
Cerebras Systems reported Q1 revenue of $193.4 million, compared to analyst expectations of $181.4 million. Q1 hardware revenue was $110.6 million, with cloud revenue at $82.8 million. Full-year revenue is projected to be between $855 million and $865 million, against analyst expectations of $824.8 million. Q2 revenue is expected to be approximately $194 million, compared to analyst expectations of $173.3 million.
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