FY2027 capital mostly from customer prepayments and hardware partners
Company: CoreWeave
The claim, verbatim
CEO Michael Intrator said most of CoreWeave's fiscal 2027 capital requirements will come from client prepayments on infrastructure services and hardware partners such as Nvidia, with only a limited amount of outside funding sought.
Source (primary)
CoreWeave arrests stock slide after posting a strong earnings beat and raising its full-year guidance - SiliconANGLE (-, news_article)
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Quote: “most of the company's capital requirements in fiscal 2027 will be sourced from clients via pre-payments on infrastructure services and from hardware partners such as Nvidia”
How we checked this
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Additional evidence
confirms CoreWeave arrests stock slide after posting a strong earnings beat and raising its full-year guidance - SiliconANGLE
Quote: “most of the company's capital requirements in fiscal 2027 will be sourced from clients via pre-payments on infrastructure services and from hardware partners such as Nvidia”