Figma Stock Plunges On Q2 EPS Miss: Details

1. Figma missed earnings estimate, reporting zero cents per share. 2. Quarterly revenue of $249.64 million surpassed expectations of $228.2 million. 3. Company launched four new products focused on AI and design. 4. Net Dollar Retention Rate for large customers was impressive at 129%. 5. Figma projects third-quarter revenue between $263 million and $265 million.