Why Cathie Wood is Loading Up on These 2 Growth Stocks (And Should You?)

Notably, overall revenue increased 51% to $310 million, with subscription revenue up 55%. As a rapidly growing cloud company, profitability remains a question mark. However, adjusted net loss narrowed to$ 0.03 compared to $0.40 in the year-ago quarter. Adjusted gross margin also improved to 82% from 77% a year earlier, fueled by lower hosting costs, operational efficiencies, and scale benefits.Rubrik may have attracted Wood's attention due to its rapid rise in subscription and recurring revenue. This is an ...