CoreWeave will report its third-quarter results on Tuesday evening, when investors will assess how it plans to finance its massive artificial intelligence infrastructure expansion. The company forecasts quarterly revenue of $3.4 billion to $3.6 billion, capital expenditures of $11.5 billion to $13.5 billion and 1.85 gigawatts of active power by year-end. It carries about $35 billion in debt, its debt-to-equity ratio stands at 702% and the yield on its 9.75% bond due in 2031 reached 15.5%. CoreWeave could fund its projects through delayed-draw term loans, bonds, convertible securities, GPU-backed financing and supplier financing, but investors will seek clarity on its funding requirements, 2027 capital expenditure outlook and free cash flow.
Source: Read the original article
