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CoreWeave , a provider of infrastructure for artificial intelligence companies, reported better-than-expected third-quarter revenue on Monday, but the company delivered disappointing full-year guidance. The stock dropped 6% in extended trading.

Here's how the company did in comparison with LSEG consensus:

Earnings: Loss of 22 cents per share

Revenue: $1.36 billion vs. $1.29 billion expected

Revenue in the quarter soared 134% from $583.9 million a year ago, according to a statement . The company reported a net loss of $110 million, narrowing from about $360 million in the same quarter last year.

CoreWeave's growth is tied directly to the AI boom, as the company rents out Nvidia graphics proc

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