Core Scientific (CORZ) Reports Q1 EPS of $1.25

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Go back to Core Scientific (CORZ) Reports Q1 EPS of $1.25

Core Scientific Announces Fiscal First Quarter 2025 Results

May 7, 2025 4:05 PM EDT

First Quarter 2025 Highlights

On track to deliver 250MW of billable capacity to CoreWeave by the end of this year and anticipate entering 2026 with annualized colocation revenue of approximately $360 million. First tranche of 8MW of billable capacity at Denton to be delivered to CoreWeave by the end of this month and an additional approximately 40MW by the end of this quarter. Ended the quarter with a strong liquidity position, including $778.6 million in cash and cash equivalents and digital assets, maintaining financial flexibility to execute on strategic organic and... More