Cerebras Systems' first quarter revenue was $193.4 million, exceeding analysts' expectations of $181.4 million. First quarter hardware revenue was $110.6 million and cloud revenue was $82.8 million. Full-year revenue is expected to be between $855 million and $865 million, while analysts' expectations were $824.8 million. Second quarter revenue is expected to be around $194 million, compared to analysts' expectations of $173.3 million.
Cerebras Systems reported first-quarter revenue of $193.4 million, compared to analysts' expectations of $181.4 million. First-quarter hardware revenue was $110.6 million, and cloud revenue was $82.8 million. The company expects full-year revenue to be between $855 million and $865 million, while analysts forecast $824.8 million. Second-quarter revenue is expected to be around $194 million, compared to analysts' expectations of $173.3 million.
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