Contracted revenue backlog and new commitments
Company: CoreWeave
The claim, verbatim
CoreWeave's contracted revenue backlog was roughly $104B at the end of Q2, with more than $25B in net new commitments added early in Q3.
Source (primary)
Despite CoreWeave Plummeting 55% Over 6 Months This Wall Street Team Maintains That a 400% Return Will Materialize - 24/7 Wall St. (-, news_article)
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Quote: “Its contracted revenue backlog stood at roughly $104B at the end of the second quarter, with more than $25B in net new commitments added early in the third.”
How we checked this
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Additional evidence
confirms Despite CoreWeave Plummeting 55% Over 6 Months This Wall Street Team Maintains That a 400% Return Will Materialize - 24/7 Wall St.
Quote: “Its contracted revenue backlog stood at roughly $104B at the end of the second quarter, with more than $25B in net new commitments added early in the third.”