# Cerebras reports 70% core revenue growth and announces Microsoft deal

_Published Thursday, November 12, 2026 at 6:11 PM EST · Products · Latest · Tier 2 — Notable_

Cerebras reported third-quarter core revenue of $230.9M, up 70% year over year and above the $214.7M estimate, CNBC reported. The company also announced a new deal with Microsoft.

Its quarterly guidance exceeded expectations, and CBRS shares rose more than 15% in after-hours trading following Thursday's earnings report.

## Sources

- [Techmeme](https://www.techmeme.com/261112/p57#a261112p57)

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Canonical: https://techandbusiness.org/newswire/VPNvAYa67L6X7uNsg6N-Yp
Published: 2026-11-12T23:11:43.471Z
Story chronology: 2026-11-12T21:35:02.000Z
Retrieved: 2026-11-13T00:48:55.500Z
Publisher: Tech & Business (techandbusiness.org)