Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gross margin to shrink in Q2; CBRS drops 8%+ after hours (Jordan Novet/CNBC)

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Jordan Novet / CNBC:
Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gross margin to shrink in Q2; CBRS drops 8%+ after hours  —  - Cerebras reported financials for the first time since its IPO in May. … Cerebras said revenue almost doubled in the AI chipmaker's …

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