UPDATE: Cerebras Systems Q2 Adj. EPS $(0.045) Beats $(0.17) Estimate, Sales $180.110M Miss $194.202M Estimate
Cerebras Systems (NASDAQ:CBRS) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.17) by 76.47 percent. The company reported quarterly sales of $180.110 million which missed
Cerebras lost less money per share than people expected, which is good, but their sales came in lower than predicted. When a company loses money but does better on losses while missing on sales, it means they're controlling costs but might be struggling to sell their products.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.