Databricks tells investors annualized revenue will reach $2.4 billion at midway point of year

(CNBC) Databricks, the data analytics software vendor that’s among the most richly valued private U.S. tech companies, told investors on Wednesday that annualized revenue will reach $2.4 billion by the midpoint of this year. Annualized sales through July, or the first six months of fiscal 2025, will increase 60% from a year earlier.

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