Rubrik shares surge on Q4 beat, strong revenue forecast
Investing.com -- Rubrik posted a smaller-than-expected fourth-quarter loss on Thursday and forecast stronger-than-anticipated revenue for fiscal 2026, sending its shares up 11% in extended trading.
The cloud data management company reported a quarterly loss per share of 18 cents, beating analysts' expectations of loss of 38 cents per share.
Revenue for the quarter rose to $258.1 million from $233.1 million a year earlier.
For fiscal 2026, Rubrik expects a loss per share between $1.23 and $1.13, compared with analysts' consensus estimate of per share loss of $1.25.
The company sees full-year revenue in the range of $1.145 billion to $1.16 billion, ahead of expectations of $1.1 billion.
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