CoreWeave Earnings: 3 Things Investors Need To Know

CoreWeave (NASDAQ:CRWV) stock has tumbled over the last month as concerns about its balance sheet mounted in response to a social media post showing its bond yields have reached as high as 15%.

That reflects both rising interest rates and investor suspicion about the company's ability to repay its debt. CoreWeave has been heavily dependent on debt to fund its scorching-hot growth, which has caused its interest expense to soar, leading to significant losses on both the income statement and in cash flow.

For that reason, CoreWeave's third-quarter earnings report was highly anticipated, and the company exceeded expectations. Revenue jumped 168% in the quarter, ahead of estimates, though its debt and interest expense continued to grow as well.

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