Figma reports 41% jump in revenue in first earnings report since IPO
1. Figma shares surged 229% in its IPO, surpassing $20 billion valuation. 2. Revenue hit $249.6 million, slightly above expectations with 41% growth year-over-year. 3. Net income of $846,000 contrasts with a loss of nearly $828 million last year. 4. Figma forecasts Q3 revenue between $263 million and $265 million, indicating strong growth. 5. Lockup expiration for 25% of employee stocks on Sept. 4 may impact trading.