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Benzinga

Business

Priya Nigam

Figma Analysts Highlight Record Quarter, But Market Focuses On Margins And Growth

Figma FIG Rishi Jaluria Brent Bracelin BofA Securities Piper Sandler RBC Capital Markets

Figma

Can a record revenue quarter still be considered a setback? As Figma Inc.‘s (NYSE:FIG) shares plummet and analysts scramble to adjust their forecasts, the surprising details behind the numbers reveal why the market isn’t impressed.

Shares of Figma tanked in early trading on Thursday after the company reported disappointing second-quarter earnings.

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