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News  ›  The Motley Fool

Why Rubrik Stock Surged Today

The Motley Fool Logo The Motley Fool By Joe Tenebruso
Why Rubrik Stock Surged Today

Cybersecurity company Rubrik reported strong Q3 performance with 48% revenue growth and 34% increase in subscription ARR, driven by AI-powered solutions and improved profitability.

Insights
CADE   neutral

Proposed sale to Huntington Bancshares with stock conversion ratio of 2.475 shares


RBRK   positive

Strong financial performance with 48% revenue growth, 34% ARR increase, improved gross margins from 76.2% to 80.5%, narrowed net loss, and positive adjusted earnings exceeding Wall Street expectations