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Shares of Figma
traded higher on Thursday, but were well short of the initial surge following earnings.
The stock was up by as much as 15% after the bell on Wednesday, when the design software maker reported fourth-quarter results that beat analysts’ expectations and offered rosy guidance.
Figma’s revenue grew 40% year over year to $303.8 million during the period. It reported a net loss of $226.6 million, or 44 cents per share, compared with net income of $33.1 million, or 15 cents per share, in the fourth quarter of 2024.
