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Rubrik Analysts Increase Their Forecasts After Q1 Results

Rubrik, Inc. (NYSE:RBRK) reported a year-over-year increase in first-quarter sales results and issued second-quarter revenue guidance above estimates. Rubrik reported a quarterly loss of $1.58 per share, versus a year-ago loss of $1.48 per share. The company reported $187.31 million in sales this quarter, up from $135.74 million in the year-ago period, according to data from Benzinga Pro. Kiran Choudary, Rubrik’s Chief Financial Officer, added, “We are pleased by the strong start to ...