Reported 1 day ago
Rubrik, Inc. (NYSE:RBRK) experienced a significant drop of 18.05% in its share price to $80.72 after the company announced its earnings, despite reporting a 51% increase in revenue to $309.86 million and a 46% reduction in net loss year-on-year. Investors had seemingly anticipated the positive results prior to their release. Following the announcement, Rubrik raised its revenue projections for the third quarter and full year of 2025, aiming for between $319 million to $321 million for the current quarter and $1.227 billion to $1.237 billion for the full year.
Source: YAHOO