BUZZ-Rubrik rises on upbeat Q1 revenue forecast

Reuters

03-14

BUZZ-Rubrik rises on upbeat Q1 revenue forecast

** Microsoft-backed cybersecurity firm Rubrik's RBRK.N shares rise 20.7% to $66.75 premarket

** RBRK late on Thursday forecast Q1 revenue in the range of $259 million to $261 million vs analysts' estimate of $246.12 million, according to data compiled by LSEG

** Co posted Q4 revenue of $258.1 million vs analysts' average estimate of $233.10 million

** RBRK up 49.4% since its Nasdaq debut last April

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com;))

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