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Rubrik (RBRK) Stock Rises After First Earnings Beat Estimates

Shares of the cybersecurity firm Rubrik Inc. rose in late trading on Tuesday after its inaugural earningsBloomberg Terminal results exceeded Wall Street’s expectations.The Palo Alto, California-based company that publicly listed less than two months ago posted revenue of $187.3 in the fiscal first quarter, above the $171.5 million average of analysts’ estimates and up 38% from a year earlier. Annual recurring revenue from subscriptions also beat forecasts. After initially gaining as much as 10%,...

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