04:41 PM EDT, 06/11/2024 (MT Newswires) -- Rubrik ( RBRK ) reported a fiscal Q1 non-GAAP loss late Tuesday of $1.58 per diluted share, wider than a loss of $1.48 a year earlier.

Analysts polled by Capital IQ expected a loss of $1.73.

Revenue for the quarter ended April 30 rose to $187.3 million from $135.7 million a year earlier.

Analysts surveyed by Capital IQ expected $171.4 million.

The company said it expects a Q2 non-GAAP loss per share between $0.50 and $0.48 and revenue between $195 million and $197 million.

Analysts polled by Capital IQ expect a loss of $0.49 per share and revenue of $194.9 million.

The company expects a fiscal 2025 non-GAAP loss per share between $2.35 and $2.25 and revenue between $810 million and $824 million.

Analysts surveyed by Capital IQ expect a loss of $2.35 per share and revenue of $806.4 million.

The company's shares were rising 4.3% in after-hours activity.

Price: 36.76, Change: +1.50, Percent Change: +4.25