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Cerebras, the profit that wasn't

Cerebras reported 87 million dollars of net income last year. The business lost 146 million.Both numbers are true. The gap between them is a non-cash, non-operating gain sitting in the middle of the income statement.Strip the part that isn't operations, and the profit disappears.The number that matters is the one standing next to net income.

Cerebras disclosed everything. It framed almost nothing.
Jun 20
at
9:37 AM
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