Figma

Figma stock rose about 12% as investors unwind the view that AI is a structural threat to design tools and instead see it as a growth driver. The move follows Figma raising its annual revenue forecast and the CEO pushing back on obsolescence claims after demand for AI-powered design. Shares are rebounding from a 28% YTD decline, so caution is advised until gains hold and further company updates confirm a durable re-rating. » More on finance.yahoo.com

Figma reported a second-quarter revenue increase of 48% to $370.1 million, but recorded a widened GAAP net loss of $112.2 million, mainly due to higher sales and marketing costs around the user conference Config. GAAP gross margin remained at 84%; on a non-GAAP basis the company produced operating income of $36.1 million. For the third quarter Figma forecasts $373–375 million in revenue (around 36% growth), but raised its full-year guidance to $1.463–1.467 billion, after which investors complained about a slowdown in the growth pace. » More on finanzen.net

Figma reported Q2 revenue of $370 million (+48% year/year) and adjusted EPS of $0.08, with both metrics topping consensus estimates. The company raised its full-year revenue guidance to $1.463–1.467 billion and for the first time reported full-quarter revenue from monetizing AI credits. Despite improved margins and strong metrics, the stock fell about 15.9% after hours as investors questioned the cautious outlook and the pace of monetizing new AI products. » More on de.investing.com