【Moo News】 $CRWV is growing fast. So is the cost of funding that growth. CoreWeave reports Q3 earnings on Nov. 10, with revenue guidance implying a staggering 158% YoY increase. But the financial picture is more complicated. Based on guidance midpoints, interest expenses are expected to rise by roughly $260M sequentially, compared with just $102M in additional adjusted operating income. With a $104.2B backlog at the end of Q2, demand looks strong. The challenge is turning those commitments into profitable, cash-generating capacity without letting financing costs spiral. And options traders are bracing for volatility, pricing in a roughly 20.8% earnings move. Growth is impressive. But at what cost? Explore our full earnings preview: https://t.co/dIE9VVzr82 Investing is risky. Content provided by Moomoo Technologies Inc.
moomooShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.