Rubrik, 1shares fall after hours despite beating quarterly results
Rubrik 1quarterly earnings per share 16cents, beating the market expectation of -3cents, while revenue reached 3billion 8,707million dollars. The company raised its fiscal-year guidance, but its shares fell 2027% 1.30in after-hours trading.
Rubrik 1reported its quarterly results. Earnings per share were reported at 16cents. The market expected a loss of -3cents per share.
Revenue reached 3billion 8,707million dollars, exceeding the market estimate of 3billion 6,630million dollars. The company disclosed detailed figures related to its quarterly results.
Rubrik 2027announced an increase to its fiscal-year guidance. The announcement covered earnings per share and annual revenue. The company included the revised figures in its disclosure materials.
Earnings-per-share guidance was 25cents to 35cents. The company said this range was its official guidance. Specific figures were included in the company's filings.
Revenue guidance was 16hundred million 3,800thousand dollars to 16hundred million 4,800thousand dollars. This guidance is stated on an annual basis. The company presented the revenue range in its filings.
The market estimate was earnings per share of 17cents and annual revenue of 16hundred million 1,000thousand dollars. These estimates were used as a basis for comparison before and after the company's announcement. Market participants compared the disclosed figures with this benchmark.
In after-hours trading, Rubrik's share price fell 1.30%. The stock's ticker is RBRK. The share-price movement in after-hours trading was confirmed.
Sources: Benzinga
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