Core AI Holdings posts 56% Q2 revenue rise, narrows gross loss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Core AI Holdings Reports 56% Q2 Revenue Growth and Significant Improvement in Gross Margin
August 28, 2026 7:52 AM EDTMIAMI, FL, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Core AI Holdings, Inc. (Nasdaq: CHAI) (Core AI or the Company), a global AI technology and infrastructure company, today announced financial results for the three and six months ended June 30, 2026, highlighting significant year-over-year revenue growth in the second quarter, substantial improvement in gross margin, increased operating cash generation, and continued execution of the Companys strategic expansion into AI infrastructure and high-performance computing.
Revenue for the second quarter of 2026 increased 56% year-over-year to $22.4 million, compared to $14.3 million for the second quarter of 2025. The... More
