Figma crossed $1 billion in annual revenue run rate in the third quarter as the design platform saw increased adoption.

Figma raised its annual revenue forecast on Wednesday, banking on the collaborative design software provider's efforts to expand its product line-up and grow its user base.

The Details: Figma reported quarterly earnings of ten cents per share, which beat the consensus estimate of five cents.

Figma (FIG) shares increased 6% during early post-market trading on Wednesday as the company reported a 38% year-over-year ...

Recent announcements by Adobe, Canva and Figma have made substantive moves to find harmony between humans and the AI ...