CoreWeave's Revenue Expected to Double, but Profits Still Lag

CoreWeave, a cloud computing company, reports earnings August 11. Analysts surveyed by FactSet expect $2.55 billion in revenue, per WSJ — more than double last year's $1.21 billion. But that earlier quarter also lost $290.5 million, worse than the $190.6 million analysts predicted. The key question: revenue is soaring, but when will the company stop losing money?