Rubrik set to report Q2 earnings with revenue expected around $195-$197 million.

From Nasdaq: 2024-09-05 11:47:00

Rubrik (RBRK) is set to report second-quarter fiscal 2025 results on Sept. 9. Revenue is expected to be in the range of $195-$197 million, with a Zacks Consensus Estimate of $195.58 million. Earnings estimate is a loss of 49 cents per share. Rubrik’s performance may benefit from its growing client base and partnerships with major industry players like CrowdStrike (CRWD) and Google Cloud.

Rubrik’s partnership with CrowdStrike and Kyndryl, along with a new alliance with Mandiant, should enhance data security and attract more clients. Despite facing competition, Rubrik’s strong partner base and increasing adoption of its solutions may drive growth in the upcoming quarter. Stay tuned for its earnings announcement on Sept. 9.

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