CoreWeave's net loss in the first quarter exceeded $3 billion, with the stock price rising 6% after hours.

CoreWeave released its first performance report since the US IPO. Revenue in the first quarter was $981.6 million. Net loss in the first quarter was $314.6 million, adjusted net loss was $149.6 million. Adjusted EBITDA profit margin in the first quarter was 62%. Loss per share in the first quarter was $1.49. CEWV stock rose 6.02% after hours.