Rapid7(RPD)
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Rapid7 (RPD) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-06 23:45
Rapid7 (RPD) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.92%. A quarter ago, it was expected that this cybersecurity company would post earnings of $0.52 per share when it actually produced earnings of $0.58, delivering a surprise of 11.54%.Over the last four quarters, the comp ...
Rapid7(RPD) - 2024 Q3 - Quarterly Results
2024-11-06 21:10
Exhibit 99.1 Rapid7 Announces Third Quarter 2024 Financial Results • Annualized recurring revenue ("ARR") of $823 million, an increase of 6% year-over-year • Total revenue of $215 million, up 8% year-over-year; Product subscriptions revenue of $206 million, up 8% year-over-year • GAAP operating income of $14 million; non-GAAP operating income of $44 million • Net cash provided by operating activities of $44 million; free cash flow of $39 million Boston, MA – November 6, 2024 – Rapid7, Inc. (Nasdaq: RPD), a ...
Rapid7 Announces Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-11-06 21:05
Annualized recurring revenue (“ARR”) of $823 million, an increase of 6% year-over-yearTotal revenue of $215 million, up 8% year-over-year; Product subscriptions revenue of $206 million, up 8% year-over-yearGAAP operating income of $14 million; non-GAAP operating income of $44 millionNet cash provided by operating activities of $44 million; free cash flow of $39 million BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its fi ...
Rapid7 to Report Third Quarter 2024 Financial Results on November 6
GlobeNewswire News Room· 2024-10-10 20:05
BOSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its third quarter 2024 financial results on Wednesday, November 6, 2024, after the financial markets close. The company will host a conference call that same day to discuss its results and business outlook at 4:30 p.m. Eastern Time. The call will be accessible by telephone at +1 888-330-2384 (toll-free) or +1 240-789-2701 with the event code 8484 ...
Rapid7: Potential For Growth Acceleration When The Economy Recovers
Seeking Alpha· 2024-08-19 21:05
Maskot Summary I am positive on Rapid7, Inc. (NASDAQ:RPD). My summarized thesis is that the strategic shift to lean into channel partners and focus on selling an integrated product has worked out very well for RPD, with tangible improvements. The biggest challenge for RPD to accelerate growth is the poor macro environment that is impacting the entire industry. My view is that the economy will get better (likely with the upcoming rate cut), and this should give RPD the opportunity to accelerate growth if it ...
Rapid7(RPD) - 2024 Q2 - Quarterly Report
2024-08-07 12:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |-----------------------------------------------------------------------------------------|----------------------------------- ...
Rapid7(RPD) - 2024 Q2 - Earnings Call Transcript
2024-08-07 00:34
Rapid7, Inc. (NASDAQ:RPD) Q2 2024 Results Conference Call August 6, 2024 4:30 PM ET Company Participants Elizabeth Chwalk - Director of Investor Relations Corey Thomas - Chairman & Chief Executive Officer Tim Adams - Chief Financial Officer Conference Call Participants Matt Hedberg - RBC Jonathan Ho - William Blair Joel Fishbein - Truist Securities Alex Henderson - Needham Joshua Tilton - Wolfe Research Oscar Saavedra - Morgan Stanley Mark Cash - Raymond James Michael Romanelli - Mizuho Kingsley Crane - Can ...
Rapid7 (RPD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-06 23:35
Rapid7 (RPD) reported $207.99 million in revenue for the quarter ended June 2024, representing a year-overyear increase of 9.2%. EPS of $0.58 for the same period compares to $0.18 a year ago. The reported revenue represents a surprise of +1.93% over the Zacks Consensus Estimate of $204.06 million. With the consensus EPS estimate being $0.52, the EPS surprise was +11.54%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...
Rapid7 (RPD) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 23:00
Rapid7 (RPD) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.54%. A quarter ago, it was expected that this cybersecurity company would post earnings of $0.54 per share when it actually produced earnings of $0.55, delivering a surprise of 1.85%. Over the last four quarters, the comp ...
Rapid7(RPD) - 2024 Q2 - Quarterly Results
2024-08-06 20:11
Exhibit 99.1 Rapid7 Announces Second Quarter 2024 Financial Results • Annualized recurring revenue ("ARR") of $816 million, an increase of 9% year-over-year • Total revenue of $208 million, up 9% year-over-year; Product subscriptions revenue of $200 million, up 10% year-over-year • GAAP operating income of $7 million; non-GAAP operating income of $39 million • Net cash provided by operating activities of $33 million; free cash flow of $29 million Boston, MA – August 6, 2024 – Rapid7, Inc. (Nasdaq: RPD), a l ...