1333 ET - Rubrik CEO Bipul Sinha says on a call with analysts that recovery and resilience are top of mind in the cybersecurity industry. "There is a broad realization that cyberattacks and breaches are inevitable, and therefore organizations have to be resilient against such attacks," he says. This mindset drove the computer-security firm's revenue and profit higher in F3Q, surpassing Wall Street's expectations and prompting the company to raise its full year outlook. Sinha says companies are choosing Rubrik over competitors in part because its unique architecture and solutions can confidently meet cyber-recovery time objectives. Shares surge 26% to $67.77. (connor.hart@wsj.com)
(END) Dow Jones Newswires
December 06, 2024 13:33 ET (18:33 GMT)
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