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Rubrik (RBRK) shares lost ground Tuesday as the lock-up period following the data security firm's initial public offering (IPO) is set to expire, offsetting solid fiscal 2025 second-quarter results.
Rubrik, Inc.'s rapid growth, driven by weak prior-year comparables and a consumption-based model, raises concerns about the sustainability of its growth rates. Despite strong annual recurring revenue and subscription growth, Rubrik's volatile growth rates and unpredictable cash flows temper my optimism. Rubrik's valuation appears cheap, but its financial position and cash flow prospects are less robust compared to peers like SentinelOne.
Rubrik's stock dipped post-earnings despite beating guidance and raising its full-year outlook, likely due to the upcoming IPO lock-up expiration. RBRK remains unprofitable even on a non-GAAP basis, but its large cash position can support ongoing losses. The company's cybersecurity positioning makes it a mission-critical product for its customers.
Rubrik, Inc. (NYSE:RBRK ) Q2 2025 Results Conference Call September 9, 2024 5:00 PM ET Company Participants Melissa Franchi - Vice President, Head of Investor Relations Bipul Sinha - CEO, Chairman and Co-Founder Kiran Choudary - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Fatima Boolani - Citi Andrew Nowinski - Wells Fargo Gregg Moskowitz - Mizuho Joel Fishbein - Truist Securities Eric Heath - KeyBanc Capital Markets Yi Fu Lee - Cantor Fitzgerald Todd Coupland - CIBC Brad Zelnick - Deutsche Bank Shrenik Kothari - Baird James Fish - Piper Sandler Operator Good day, everyone, and welcome to today's Rubrik Second Quarter Fiscal Year 2025 Results Conference Call. At this time, all participants are in a listen-only mode.
Bipul Sinha, Rubrik CEO, joins 'Closing Bell Overtime' to talk Q2 results ahead of the company's earnings call.
PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ company, today announced financial results for the second quarter fiscal year 2025, ended July 31, 2024. “The long list of recent successful cyber attacks and IT outages is driving organizations to increasingly recognize the need for a robust cyber resilience plan to ensure business continuity in the face of cyber disruptions. Our Subscription ARR up 40% year-over-year in Q2 to $919 million showcases th.
RBRK's fiscal second-quarter performance is likely to reflect benefits from its expanding clientele and increased demand for its data security solutions.
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LAS VEGAS--(BUSINESS WIRE)--BLACK HAT USA -- Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ Company, today announces a new partnership and technology integration with Mandiant, part of Google Cloud. The collaboration brings together leaders in data security, incident response, and threat intelligence, aiming to expedite customers' threat detection and path to cyber recovery. “This partnership will enable organizations leveraging Rubrik's backup solutions to identify threats in their b.