‘We see a continuous strong demand’

The Count of Rubric (Rbrk) as another software game without noticing the slowdown of business in the hands of the market of the market on the market.

“We see a continuous strong demand,” the co -founder of the section and the executive director of Bipul Sinh on Yahoo Finance told me on Friday. Sinhini comments echo to those executive directors Docusign Allan Thigesen to Yahoo Finance earlier this morning.

Sinha added: “We are convinced of achieving our year -round goals.”

Cybernetic security company shares cost its IPO from April 2024. For $ 32, above the high end of its expected range. The shares opened for trading in the amount of $ 38.60.

AND increased IPO has withdrawn $ 752 million for the sections of the expansion plans, initially appreciated the company at $ 5.6 billion.

The shares are now trading $ 69 each, and the company has a $ 13 billion market cap after a pop of 25% after earnings.

The fourth quarter’s columns showed a game of Cyber ​​-Safe to get most of the consumption from technological departments that want to protect data in AI era. The company has increased sales with a hearty pace and significantly reduced losses compared to the previous year.

“Generally, this was another big quarter of the stories of growth of a rubric, which we believe is still in early crashes with a Cyber ​​resistance market estimated to reach $ 53 billion by 2027.” Wedbush Tech Analyst Dan Ives said.

Ives repeated the superior rating in stock.

• Net sales of the fourth quarter: +47% compared to the year up to $ 258.1 million compared to estimates for $ 233 million

• Subscribe Annual Repeating Income: +39% to $ 1.09 billion in terms of estimates for $ 106 billion

• Diluted earnings per share: Loss per share of $ 0.18 with a loss of $ 1.52 a year ago over estimates for loss of $ 0.39

• First quarter:

• Full of years:

  • Sales: $ 1.145 billion up to $ 1.16 billion compared to estimates by $ 3.15 billion compared to estimates for $ 1.11 billion

  • Diluted earnings per share: Loss of $ 1.13 to $ 1.23 compared to estimates for loss of $ 1.25

• The section had 2,246 customers with a subscription annual repetition of $ 100,000 or more, which is more than 29% compared to the year.

• The free cash flow ended positively for the year.

Brian Sozzi Is the executive editor Yahoo Finance. Follow Sozzi on x @Briaszzi,, Instagramand LinkedIn. Tips on stories? Send e -mail brian.sozzi@yahoofinance.com.

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