04:26 PM EDT, 09/09/2024 (MT Newswires) -- Rubrik ( RBRK ) late Monday reported a Q2 non-GAAP net loss of $0.40 per diluted share, compared with a $1.33 loss a year ago.

Analysts polled by Capital IQ expected a $0.49 loss.

Revenue for the quarter ended July 31 was $204.95 million, compared with $151.54 million a year earlier.

Analysts expected $196.2 million.

For Q3, the cybersecurity firm is projecting a non-GAAP loss of $0.41 to $0.39 on revenue of $216.5 million to $218.5 million.

Analysts are looking for a $0.43 loss and $215.4 million, respectively.

For its fiscal 2025, the firm is projecting a non-GAAP loss of $2.12 to $2.06 per share on revenue of $830 million to $838 million.

Analysts are looking for a $2.30 loss and $818.5 million, respectively.

Price: 30.80, Change: -1.29, Percent Change: -4.02