Core Insights - Earnings season is active with numerous companies reporting, including Figma, The Trade Desk, and Airbnb [1][2] Figma - Figma's stock has experienced volatility since its IPO at $33, peaking at over $140 before declining for four consecutive months, closing at $48.17, which is 46% higher than its IPO price [4][6] - The company reported a 41% revenue increase in Q2, down from 46% in Q1 and 48% for the entire year of 2024, with adjusted profits of $0.09 per share, slightly above market expectations [6] - Figma's revenue guidance for the upcoming quarter is between $263 million and $265 million, representing only a 33% increase from $198.6 million a year prior, leading to a 20% stock drop following the announcement [7] - The platform attracts a diverse range of developers with a subscription model costing between $3 to $90 per month per user [8] - Figma's growth and net dollar retention rate are slowing, but a strong Q3 performance could help regain momentum [9]
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