NASDAQ:RPD - Nasdaq - US7534221046 - Common Stock - Currency: USD
Shares of cybersecurity software maker Rapid7 (NASDAQ:RPD) fell 8% in the pre-market session after the company reported weak fourth-quarter 2024 results: its full-year revenue guidance fell short of Wall Street's estimates. The company expects only 2% to 3% revenue growth in 2025, signaling a sharp deceleration from the 9% growth achieved in 2024. Revenue grew modestly by 5% year on year for the quarter, driven primarily by product subscription sales, which rose by 6%. However, professional services revenue declined by 5%, weighing on overall growth. Earnings also fell below expectations as margins shrunk.
Cybersecurity software maker Rapid7 (NASDAQ:RPD) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 5.4% year on year to $216.3 million. On the other hand, next quarter’s revenue guidance of $208 million was less impressive, coming in 2.8% below analysts’ estimates. Its non-GAAP profit of $0.48 per share was 3.4% below analysts’ consensus estimates.
Cybersecurity software maker Rapid7 (NASDAQ:RPD) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 5.4% year on year to $216.3 million. On the other hand, next quarter’s revenue guidance of $208 million was less impressive, coming in 2.8% below analysts’ estimates. Its non-GAAP profit of $0.48 per share was 3.4% below analysts’ consensus estimates.
Rapid7 Wins ‘Security Vendor of the Year’ at CRN Channel Awards 2024...
Rapid7, a leader in extended risk and threat detection, today announced its financial results for the fourth quarter and full-year 2024. ...
Cybersecurity software maker Rapid7 (NASDAQ:RPD) will be announcing earnings results tomorrow after market close. Here’s what you need to know.
Rapid7 has launched a new PACT Partner Program to equip partners with tools, training, and resources to meet the expanding security needs of customers....
Rapid7 to Attend Upcoming Investor Conferences ...
Reimagined partner program unifies the Rapid7 channel ecosystem to inspire and support partner growth in 2025 and beyond
Rapid7 has achieved the In Process Designation from the Federal Risk and Authorization Management Program (FedRAMP®) for its InsightGovCloud Platform....
Rapid7 announced that the company will release its fourth quarter and full year 2024 financial results on February 12, 2025, at 4:30pm ET. ...
Recognition underscores Rapid7’s ongoing commitment to LGBTQ+ workplace equality and inclusion
Rapid7 announced the expansion of its Managed Extended Detection and Response (MXDR) service to include enhanced support for Amazon Web Services (AWS). ...
Rapid7 MXDR delivers the context and coverage customers need to handle complex threats in AWS environments to take command of their attack surface
Rapid7's Exposure Command enables organizations to implement a zero-trust approach that seamlessly integrates with their existing AWS cloud...
Launch partnership offers Rapid7 customers centralized visibility and control over access permissions, accounts, resources, and services across their hybrid environment
Rapid7’s Managed Extended Detection and Response (MXDR) adds coverage for Microsoft Security Telemetry...
Latest expansion of Rapid7 MXDR helps customers maximize their security investments and gain comprehensive threat detection and response to take command of their attack surface