Rubrik Q2 2024 Adj. EPS $(0.40) Beats $(0.49) Estimate, Sales $204.951M Beat $196.209M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rubrik (NYSE:RBRK) reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.40), beating the estimate of $(0.49), and sales of $204.951 million, surpassing the $196.209 million estimate.
September 09, 2024 | 8:02 pm
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Rubrik's Q2 2024 earnings report shows a smaller-than-expected loss per share and higher-than-expected sales, indicating positive financial performance.
Rubrik's adjusted EPS of $(0.40) was better than the expected $(0.49), and sales of $204.951M exceeded the $196.209M estimate. This positive earnings surprise is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100