Rubrik Sees Q2 EPS $(0.50)-$(0.48) Vs $(0.50)w Est.; Revenue $195M-$197M Vs $194.89M Est.; FY25 EPS $(2.35)-$(2.25) Vs $(2.41) Est.; Revenue $810M-$824M Vs $806.73M Est.
Portfolio Pulse from Benzinga Newsdesk
Rubrik has provided its financial outlook for the second quarter and full fiscal year 2025. The company expects Q2 revenue between $195M and $197M, slightly above estimates, and EPS between $(0.50) and $(0.48), in line with estimates. For FY25, Rubrik forecasts revenue between $810M and $824M, also above estimates, and EPS between $(2.35) and $(2.25), better than expected. The company also provided details on subscription ARR and free cash flow projections.
June 11, 2024 | 8:09 pm
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POSITIVE IMPACT
Rubrik's Q2 revenue guidance of $195M-$197M is slightly above the $194.89M estimate, and EPS guidance of $(0.50)-$(0.48) is in line with expectations. For FY25, revenue guidance of $810M-$824M is above the $806.73M estimate, and EPS guidance of $(2.35)-$(2.25) is better than the $(2.41) estimate. This positive outlook could boost investor confidence in the short term.
Rubrik's revenue guidance for both Q2 and FY25 is slightly above analyst estimates, which is a positive indicator. Additionally, the EPS guidance for FY25 is better than expected, which could lead to a positive short-term impact on the stock price as it suggests better-than-anticipated financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100