Rubrik Crushes Expectations Again. Here’s What We’re Watching

Kunakorn Rassadornyindee / Shutterstock.com Quick Read Rubrik (RBRK) beat earnings by 0.27andpostednonGAAPEPSof0.27 and posted non-GAAP EPS of 0.10 versus consensus of negative 0.17.Revenuereached0.17. Revenue reached 350.2M with 48% year-over-year growth. Free cash flow surged nearly five-fold to 76.89Mfrom76.89M from 15.57M in the prior year quarter. Rubrik raised full-year revenue guidance to 1.28Bto1.28B to 1.282B. Shares jumped 24.1% as the profitability milestone signals operating leverage at scale. Subscription revenue grew 52% to $336.4M. If ...