Core Points - Wall Street analysts have raised their price targets for CoreWeave Inc, with JPMorgan increasing it from $43 to $66 and Needham from $55 to $78, reflecting positive sentiment following the company's strong earnings report [1][2] Financial Performance - CoreWeave reported first-quarter revenue of $981.63 million, surpassing analyst expectations of $859.77 million, but recorded an adjusted loss of $1.49 per share [2] - The company generated 98% of its revenue from committed contracts, with only 2% from on-demand services, indicating a disciplined approach to capital deployment [9] Customer Concentration - Microsoft accounted for 72% of CoreWeave's total revenue in the first quarter, significantly increasing from 10% in the previous year, contributing $707 million [7] - The remaining revenue grew by 117% to $275 million, with no other customer exceeding 10% of total revenue [7] Contracts and Future Revenue - CoreWeave has a significant contract with OpenAI worth up to $11.9 billion, which is not yet included in the company's RPO balance due to accounting treatment considerations [4][10] - An additional commitment from OpenAI to pay up to $4 billion through April 2029 was signed in May 2025, expected to be reflected in future revenue reports [8] Revenue Backlog and Projections - CoreWeave's cRPO increased by 4% sequentially to $8.5 billion, while long-term RPO declined by 11% to $6.2 billion [10] - Analysts project fiscal 2025 revenue of approximately $5 billion, with adjusted EPS estimates ranging from $(0.98) to $(1.23) [6][11]

DRAFT Navios Maritime Partners L.P. (NYSE:NMM) First Quarter 2025 Earnings Presentation May 7, 2025 1 1 Forward-Looking Statements This presentation contains and will contain forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, TCE rates and Navios Partners' expected cash flow generation, future contracted revenues, future distributions and its ability to make distributio ...