Rubrik Reports Second Quarter Fiscal Year 2025 Financial Results
Rubrik, Inc. Class A (RBRK)
Company Research
Source: Business Wire
Results exceeded all guided metricsSubscription ARR grew 40% year-over-year to $919.1 millionRevenue grew 35% year-over-year to $205.0 million1,969 customers with $100K or more in Subscription ARR, up 35% year-over-yearCompany raises full year guidance across all metrics PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ company, today announced financial results for the second quarter fiscal year 2025, ended July 31, 2024.“The long list of recent successful cyber attacks and IT outages is driving organizations to increasingly recognize the need for a robust cyber resilience plan to ensure business continuity in the face of cyber disruptions. Our Subscription ARR up 40% year-over-year in Q2 to $919 million showcases the value we provide to enterprises in delivering complete cyber resilience, which combines cyber recovery and data security posture management,” said Bipul Sinha, Rubrik’s Chief Executive Officer, Chairman, and Co-Founder.Comme
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News
- Rubrik, Inc. (NYSE: RBRK) had its price target raised by analysts at Robert W. Baird from $42.00 to $48.00. They now have an "outperform" rating on the stock.MarketBeat
- Rubrik Named the 2024 Entrepreneurial Company of the Year by the Harvard Business School (HBS) Association of Northern CaliforniaBusiness Wire
- Rubrik, Inc. (NYSE: RBRK) had its price target raised by analysts at Wedbush from $44.00 to $48.00. They now have an "outperform" rating on the stock.MarketBeat
- Rubrik Unveils Data Security Posture Management for Microsoft 365 CopilotBusiness Wire
- Rubrik, Inc. (NYSE: RBRK) is now covered by analysts at FBN Securities. They set an "outperform" rating and a $40.00 price target on the stock.MarketBeat