CoreWeave beats on earnings, but a data-center delay is dragging on the stock

CoreWeave’s third-quarter earnings report on Monday showed that demand for artificial-intelligence computing is alive and well as the company posted $1.36 billion in revenue for the quarter, soaring past Wall Street’s consensus expectations of $1.29 billion.

However, shares of CoreWeave

CRWV were off about 10% in premarket action Tuesday after the company said that it was experiencing delays delivering capacity to one customer, resulting in a financial impact to the fourth quarter.