04:28 PM EDT, 05/14/2025 (MT Newswires) -- CoreWeave ( CRWV ) reported a Q1 net loss Wednesday of $1.49 per diluted share, wider than a loss of $0.62 a year earlier.

Analysts polled by FactSet expected a loss of $0.18, if comparable.

Revenue for the quarter ended March 31 was $981.6 million, up from $188.7 million a year earlier.

Analysts surveyed by FactSet expected $857.1 million.

The company's shares were rising over 4% in recent after-hours activity.