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Cerebras Q1 EPS miss sends shares down 9% after-hours

Tue, 23 Jun 2026 17:37:59 -0400

Investing.com -- Shares of Cerebras Systems tumbled over 9% in after-hours trading Tuesday after the newly public chipmaker served up a mixed bag for its first quarter of 2026. While the self-proclaimed builder of "the world's fastest AI infrastructure" beat revenue expectations of $180.8 million with a $193.4 million haul, it missed the mark on the bottom line, reporting earnings of $0.22 per share versus analysts' consensus expectations of a $0.16 per-share loss.

The top-line result represented a 94% year-over-year surge and a 13% sequential increase, according to the company's earnings release. GAAP net loss for the quarter was $14.0 million,

Cerebras Q1 EPS miss sends shares down 9% after-hours

Tue, 23 Jun 2026 17:37:59 -0400

The top-line result represented a 94% year-over-year surge and a 13% sequential increase, according to the company's earnings release. GAAP net loss for the quarter was $14.0 million,

Cerebras Systems (CBRS) Misses Q1 EPS, Revenues Beat

Tue, 23 Jun 2026 17:05:50 -0400

Cerebras Systems (NASDAQ: CBRS) reported Q1 EPS of ($0.22), $0.06 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $193.4 million versus the consensus estimate of $180.84 million.

GUIDANCE:

Cerebras Systems sees Q2 2026 revenue of $194 million, versus the consensus of $177.67 million.

Cerebras Systems sees FY2026 revenue of $855-865 million, versus the consensus of $827.95 million.

For earnings history and earnings-related data on Cerebras Systems (CBRS) click here.

Cerebras Systems (CBRS) Misses Q1 EPS, Revenues Beat

Tue, 23 Jun 2026 17:05:50 -0400

GUIDANCE:

Cerebras Systems sees Q2 2026 revenue of $194 million, versus the consensus of $177.67 million.

Cerebras Systems sees FY2026 revenue of $855-865 million, versus the consensus of $827.95 million.

For earnings history and earnings-related data on Cerebras Systems (CBRS) click here.

After-Hours Stock Movers: FDX, CBRS, NKE

Tue, 23 Jun 2026 17:01:31 -0400

After-Hours Stock Movers:

Cerebras Systems (NASDAQ: CBRS)

Cerebras Systems fell 7% in after-hours trading despite beating top-line estimates and lifting its outlook during its first earnings call as a public company. While the AI chipmaker reported first-quarter revenue of $193.4 million—topping the $181.4 million Wall Street forecast—and projected full-year revenue ahead of consensus, the sell-off indicates investors were likely looking for an even larger beat to justify its recent IPO valuation.

FedEx (NYSE: FDX)

FedEx shares tumbled 6% after hours following the release of a fiscal year 2027 earnings forecast that fell significantly short of expectations. The shipping giant projected adjusted earnings per share

After-Hours Stock Movers: FDX, CBRS, NKE

Tue, 23 Jun 2026 17:01:31 -0400

After-Hours Stock Movers:

Cerebras Systems (NASDAQ: CBRS)

FedEx (NYSE: FDX)

After-Hours Stock Movers: FDX, CBRS, NKE

Tue, 23 Jun 2026 17:01:31 -0400

After-Hours Stock Movers:

Cerebras Systems (NASDAQ: CBRS)

FedEx (NYSE: FDX)

After-Hours Stock Movers: FDX, CBRS, NKE

Tue, 23 Jun 2026 17:01:31 -0400

After-Hours Stock Movers:

Cerebras Systems (NASDAQ: CBRS)

FedEx (NYSE: FDX)

After-Hours Stock Movers: FDX, CBRS, NKE

Tue, 23 Jun 2026 17:01:31 -0400

After-Hours Stock Movers:

Cerebras Systems (NASDAQ: CBRS)

FedEx (NYSE: FDX)

After-Hours Stock Movers: FDX, CBRS, NKE

Tue, 23 Jun 2026 17:01:31 -0400

After-Hours Stock Movers:

Cerebras Systems (NASDAQ: CBRS)

FedEx (NYSE: FDX)

Cerebras Systems Announces Strong First Quarter 2026 Results