Figma Stock Jumps On Q1 Earnings Beat As Customers Go 'Bigger And Broader'
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Figma Inc (NYSE:FIG) reported strong Q1 earnings, with revenue of $333.44 million, surpassing estimates of $313.16 million, and adjusted earnings of 10 cents per share, exceeding expectations of six cents. Revenue grew 46% year-over-year, and the company generated $97.3 million in net cash from operations. Figma raised its full-year revenue outlook to between $1.422 billion and $1.428 billion. Following the announcement, Figma shares rose 7.81% in after-hours trading, reaching $21.82.
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