On the conference call with analysts and investors, CoreWeave said it expected revenue in the current quarter to range from $1.26 billion to $1.3 billion. Analysts have been expecting $1.25 billion. For the full year, the company said revenue would range from $5.15 billion to $5.35 billion, above the $5.05 billion consensus.

The company reported a loss before certain costs such as stock compensation of 21 cents per share, edging past the analyst’s target of a 22-cents-per-share loss. Revenue for the period rose by a staggering 206%, to $1.21 billion, easily beating the Street’s forecast of $1.08 billion in sales.

CoreWeave shares fell 9% in after-hours trading on Tuesday, even though the company delivered quarterly results and guidance that came in above analyst expectations, according to data from CNBC. The artificial intelligence infrastructure provider reported $1.