Cerebras posts rise in quarterly revenue in first report post-IPO
23/06/2026 21:47
Cerebras posts rise in quarterly revenue in first report post-IPO June 23 (Reuters) - Cerebras Systems CBRS.O posted a 94% increase in first-quarter revenue on Tuesday in its first financial update since going public, benefiting from robust enterprise demand for its specialized AI chips.
The company reported revenue of $193.4 million for the quarter, compared with $99.5 million reported in the same period a year ago.
(Reporting by Juby Babu in Mexico City; Editing by Sahal Muhammed)
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