Rubrik Shares Soar After Outlook Raise, 3Q Earnings Beat Estimates

Rubrik Shares Soar After Outlook Raise, 3Q Earnings Beat Estimates

Rubrik's strong performance in Q3 led to a surge in stock prices. With higher revenue and earnings, the company raised its full-year outlook. Despite a reported loss, Rubrik's revenue exceeded expectations, reflecting growth in subscription revenue and annual recurring revenue.

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