Rapid7 (RPD) reported $205.27 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 11.3%. EPS of $0.72 for the same period compares to $0.35 a year ago.The reported revenue represents a surprise of +1.86% over the Zacks Consensus Estimate of $201.52 million. With the consensus EPS estimate being $0.48, the EPS surprise was +50.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

Rapid7 (RPD) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this cybersecurity company would post earnings of $0.42 per share when it actually produced earnings of $0.50, delivering a surprise of 19.05%.Over the last four quarters, the company ...

Wall Street analysts forecast that Rapid7 (RPD) will report quarterly earnings of $0.48 per share in its upcoming release, pointing to a year-over-year increase of 37.1%. It is anticipated that revenues will amount to $201.52 million, exhibiting an increase of 9.2% compared to the year-ago quarter.The current level reflects an upward revision of 12.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their ...

BOSTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ:RPD), a leader in extended risk and threat detection, today announced a new Managed Digital Risk Protection (DRP) service for external threat monitoring and remediation that prevents attacks earlier in the threat life cycle. Customers can add this solution to Managed Threat Complete, Rapid7's leading managed detection and response (MDR) service, for extended visibility and response support across their internal and external attack surfaces. With ...

Just_Super/E+ via Getty Images Elevator Pitch I maintain a Buy rating for Rapid7, Inc. (NASDAQ:RPD) stock. My earlier June 8, 2023 article drew attention to the potential re-rating catalysts for RPD relating to corporate actions such as M&A. With the current update, I detail Rapid7's financial prospects for 2024. I think that Rapid7 will deliver a good set of results this year with robust top line growth and substantial margin improvement. But the company's favorable outlook isn't fully reflected in RPD ...

da-kuk Investment thesis Our current investment thesis is: RPD appears to be cheap exposure to the cybersecurity industry, which is currently experiencing a long-term tailwind, with mass adoption and significant innovation. RPD appears at the forefront of this, already cloud-capable with a broad integration base, with development in the areas of machine learning and behavioral analysis. The company’s financial development has been positive and incredibly consistent despite scale, potentially contribut ...

RAPIDD Disclaimers 2 High Quality of Revenue Recurring revenue of total revenue 1 Attractive Prospects Projected ARR growth of 12% in 2023 2 Projected FCF Margin of 10% in 20232 Data keeps our connected society functioning. We trust security teams to protect our data. Accelerated change makes it tougher to stay ahead of risks. Security needs to keep up with the pace of innovation. Delivering on Unite teams and tools with award-winning cloud products delivering visibility, analytics, and automation. Expertis ...

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 September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37496 RAPID7, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 35-2423994 (State or oth ...

R&D and G&A expenses were 16% and 6% of revenue, respectively, compared to 20% and 8% in the third quarter of last year. Overall, higher revenue and a leaner cost structure drove higher-than-expected operating income of $37 million in the quarter. Our adjusted EBITDA was $43 million in the third quarter and diluted net income per share was $0.50. Before we turn to the balance sheet and cash flow statement, I want to mention certain items from the third quarter income statement that do not affect our non-GAA ...

Company Participants Corey Thomas - Chairman and CEO Tim Adams - Chief Financial Officer Matt Hedberg - RBC Brad Reback - Stifel Joel Fishbein - Truist Securities Shrenik Kothari - Robert Baird Jonathan Ho - William Blair Gray Powell - BTIG Roger Boyd - UBS Operator We have distributed our earnings press release over the wire, and it is now posted on our website at investors.rapid7.com, along with the updated company presentation and financial metrics file. This call is being broadcast live via webcast, and ...