Core Insights - Rapid7, Inc. announced its participation in Black Hat USA 2025 and DEF CON 33, showcasing a lineup of speakers from Rapid7 Labs who will present groundbreaking research on emerging cybersecurity threats and vulnerabilities [1][10]. Company Overview - Rapid7 Labs is recognized for its community-driven approach to cybersecurity, providing open-source tools and curated intelligence to help teams effectively identify, assess, and mitigate threats [2]. - The company has introduced the Intelligence Hub, which consolidates global threat intelligence curated by Rapid7 Labs researchers [2]. Event Details - Black Hat USA 2025 will occur from August 2 to August 7, while DEF CON 33 will take place from August 7 to August 10, focusing on cutting-edge research and community collaboration in information security [10]. - Rapid7 will feature sessions that leverage 25 years of security program expertise to address pressing cybersecurity challenges [3]. Session Highlights - **Metasploit's Latest Attack Capability**: This session will cover new capabilities in Metasploit, including SMB-to-LDAP relaying and new process injection techniques, with live demonstrations [4]. - **Akheron Proxy**: A session on security testing methods using Akheron proxy, which facilitates real-time communication between microprocessors on hardware circuit boards [5]. - **Weaponization of Cellular-Based IoT Technology**: This briefing will analyze how adversaries exploit IoT devices with cellular technology, including live demonstrations and mitigation techniques [6]. - **Exploiting Synology NAS**: A presentation revealing a critical vulnerability in Synology NAS devices, allowing unauthenticated attackers to achieve root-level remote code execution [7][8]. Community Engagement - Rapid7 emphasizes the importance of face-to-face interactions at these conferences for fostering collaboration and sharing actionable insights within the cybersecurity community [9].

Core Insights - Rapid7, Inc. reported a slower start to 2025 than anticipated but maintains a clear strategy and confidence in long-term opportunities [2] - The company is focusing on investments in Managed Detection and Response (MDR), accelerating Exposure Command adoption, and enhancing its go-to-market strategy to improve Annual Recurring Revenue (ARR) in the latter half of the year [2] Financial Performance - ARR reached $837.2 million, a 4% increase year-over-year [3][4] - Total revenue for Q1 2025 was $210.3 million, up 3% from $205.1 million in Q1 2024 [3][4] - Product subscriptions revenue was $203.9 million, reflecting a 4% increase year-over-year [3][4] - Professional services revenue decreased by 23% to $6.3 million [3] - GAAP net income was $2.1 million, with a net income per share of $0.03 [3][4] Operational Metrics - The number of customers increased to 11,685, a 2% rise from 11,462 in the previous year [3] - ARR per customer grew to $71.6 thousand, up from $70.4 thousand [3] - Free cash flow for the quarter was $24.7 million, down from $27.5 million in Q1 2024 [4][5] Guidance for Future Performance - For Q2 2025, ARR is expected to be between $850 million and $880 million, with year-over-year growth of 1% to 5% [7] - Total revenue guidance for the full year 2025 is projected between $853 million and $863 million, with a similar growth rate of 1% to 2% [7] - Non-GAAP income from operations is anticipated to be between $125 million and $135 million for the full year [7] Recent Business Developments - Rapid7 launched several new products and services, including unified threat-informed remediation and Managed Detection & Response for Enterprise [8] - The company appointed three new members to its Board of Directors to enhance operational efficiency and drive long-term shareholder returns [8] - Plans for expansion in India include opening a global capacity center to serve as a Security Operations Center and innovation hub [8]

Core Insights - Rapid7 has launched Intelligence Hub, an integrated threat intelligence solution aimed at enhancing security teams' ability to detect and respond to threats more effectively [1][2] - The solution addresses significant challenges faced by security teams, including data overload, lack of context, and prioritization of threats [2][3] Industry Challenges - Two-thirds of SOC analysts reported a significant increase in security alerts over the past three years, while 70% noted a rise in the number of security tools they utilize [2] - The top three challenges identified in IDC's survey regarding threat intelligence solutions were cost (42.2%), false positives and alert fatigue (40.0%), and data quality and reliability (39.7%) [5] Features of Intelligence Hub - Intelligence Hub provides curated intelligence that minimizes false positives and enables automated responses, integrating seamlessly with existing Command Platform tools [2][7] - The solution delivers high-fidelity intelligence from various sources, including Rapid7's honeypots and proprietary research, ensuring that security teams focus on the most relevant threats [7] - Contextualized information allows security teams to prioritize threats based on industry, geography, and specific vulnerabilities, facilitating targeted remediation [3][7] Company Overview - Rapid7 aims to create a safer digital world by simplifying cybersecurity and empowering security professionals to manage modern attack surfaces [6] - The company serves over 11,000 global customers, providing comprehensive security solutions that unite cloud risk management with threat detection and response [6]