Rubrik Inc reports results for the quarter ended April 30 - Earnings Summary

• Rubrik Inc RBRK.N reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $-1.58. The mean expectation of nineteen analysts for the quarter was for a loss of 32 cents per share. Wall Street expected results to range from -34 cents to -30 cents per share.

• Revenue rose 48.7% to $278.48 million from a year ago; analysts expected $260.35 million.

• Rubrik Inc's reported EPS for the quarter was a loss of 53 cents​.

• The company reported a quarterly loss of $102.1 million.

• Rubrik Inc shares had risen by 61.6% this quarter and gained 50.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 19.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Rubrik Inc is $85.50

This summary was machine generated from LSEG data June 5 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)