Rubrik, a cybersecurity firm, saw its shares rise in late trading following its first earnings report that surpassed Wall Street's expectations. The company reported $187.3 million in total revenue, with subscription revenue reaching $172.2 million, marking a 38% and 59% increase year over year, respectively. Rubrik anticipates revenue of $810-824 million for the fiscal year.
🆙| #Rubrik reports maiden earnings, #revenue rises of 38% after listing The company said it expects to post $810-824 million in revenue in the ongoing fiscal (February 1, 2024- January 31, 2025). https://t.co/UDcPi6p57G
Rubrik delivers revenue and earnings beats in first post-IPO quarterly results https://t.co/sJyTJSN9HK
Rubrik's stock rises after exceeding Q1 financial expectations post-IPO. Company beats estimates. #Rubrik #stocks #financials
$RBRK | Post Market: +2% | Rubrik's Q1 Earnings Report: $187.3M Revenue, $1.58 Non-GAAP EPS! Strong subscription growth drives the quarter! 👉 Financial Performance: ➡️ Total Revenue: $187.3 million, up 38% year over year. ➡️ Subscription Revenue: $172.2 million, up 59% year… https://t.co/KLK8PUJMvG
Shares of the cybersecurity firm Rubrik rose in late trading after its inaugural earnings results exceeded Wall Street’s expectations. https://t.co/KWhFwSx2tk