Rapid7

Rapid7, Inc. engages in the provision of cyber security analytics and automation services. Its products include Metasploit, Nexpose, AppSpider, tCell by Rapid7, as well as insight platforms such as InsightDR, InsightIVM, InsightAppSec, InsightConnect, and InsightOps. The firm also offers security and product consulting services. The company was founded by Alan P. Matthews, Tas Giakouminakis, and Chad Loder in July 2000 and is headquartered in Boston, MA.

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Rapid7 exceeds Q4 expectations, eyes growth amid mid-market challenges

Rapid7's Q4 2022 performance exceeded expectations, with a focus on balancing profitability and growth.
Strengths lie in the resonance of the Insight platform, consolidation offerings, and stable large enterprise accounts.
Challenges include economic pressures in the mid-market segment and longer sales cycles.
Opportunities exist in increasing ARR per customer, engaging C-level executives, and expanding partnerships.

Rapid7 exceeds Q1 expectations, eyes growth through strategic focus

Rapid7's Q1 2023 showcased strong financial performance, exceeding revenue and operating income expectations.
The company's strategic focus on consolidated security offerings and cloud solutions drove growth and raised guidance.
While facing challenges in sales productivity and external factors, Rapid7 remains poised for continued expansion and revenue optimization.
Opportunities lie in investments in cloud security, acquisitions like Minerva, and sustained efforts in sales team retention and expansion.

Rapid7 exceeds Q2 expectations, focuses on SecOps consolidation for growth

Rapid7 exceeded Q2 expectations, focusing on SecOps consolidation and cloud security integration for future growth.
The company is restructuring to enhance profitability and growth, with a revised full-year outlook showing positive growth.
Efforts are being made to minimize customer impact during restructuring while maintaining stable demand outlook.
Rapid7's strong performance in international markets and focus on MSP opportunities present promising growth avenues.

Rapid7 surpasses Q3 expectations, eyes growth amidst tight budgets

Rapid7's Q3 performance exceeded expectations, driven by strong demand for security solutions and strategic restructuring efforts. The company is focused on long-term growth, with investments in products, services, and sales/marketing. While facing a tight budget environment, Rapid7 aims to address the demand backlog and capitalize on partnership expansions and market disruptions.

Rapid7 exceeds 2023 targets, eyes efficient growth in 2024

Rapid7's strong 2023 performance exceeded expectations across key metrics.
Strategic investments planned for 2024 aim to drive efficient growth.
Focus on higher growth while delivering strong free cash flow growth.
Emphasis on continued funding for security projects and market expansion.

Rapid7 reports Q1 revenue growth, focuses on cloud security opportunities

Rapid7's Q1 2024 performance saw ARR below expectations but strong revenue and free cash flow. The company faces challenges in sales alignment and pricing dynamics but aims to capitalize on opportunities in cloud security and market competition. Overall, Rapid7 maintains a focus on profitability targets amidst adjustments in growth outlook.

Rapid7 surpasses Q2 expectations, poised for cybersecurity market leadership

Rapid7's Q2 performance exceeded expectations, showcasing strong growth in ARR, revenue, and operating income.
The company's strategic focus on innovation and acquisitions strengthens its competitive position in the cybersecurity market.
While challenges in cost management and market competition exist, Rapid7's opportunities lie in profitability expansion and long-term growth strategies.

Rapid7 surpasses Q3 expectations, eyes growth through innovation and partnerships

Rapid7's Q3 2024 performance exceeded expectations, driven by strong revenue and profitability
While facing challenges with deal cycles, the company showcased promising growth areas
Strategic focus on innovation and partnerships positions Rapid7 well for future opportunities
Maintaining financial discipline and capitalizing on growth avenues are key priorities

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In a situation like this, there are typically two paths to boost shareholder value, including a potential overhaul of management

Activist Jana has a stake in Rapid7. There are two paths to bolster value at the cybersecurity company

Shareholders of Rapid7 are encouraged to contact BFA Law about its investigation into potential claims for breach of fiduciary duty against Rapid7, Inc.

RPD INVESTIGATION NOTICE: BFA Law Alerts Rapid7, Inc. (Nasdaq:RPD) Investors that it is Investigating the Potential Acquisition, and Urges Shareholders to Contact the Firm

NEW YORK, NY / ACCESSWIRE / June 28, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating the potential acquisition of Rapid7, Inc. (NASDAQ:RPD) If you are a shareholder of Rapid7, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/rapid7 . Ongoing Stockholder Investigation BFA is currently investigating potential claims for breach of fiduciary duty against the board of directors and/or senior management of Rapid7, Inc. in connection with recent news reports concerning the potential for a merger transaction involving the company.

RAPID7 INVESTOR ALERT: BFA Law is Investigating a Potential Transaction between Rapid7, Inc. (Nasdaq:RPD) and Cannae Holdings, Shareholders are Urged to Contact the Firm

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RAPID7 ALERT: BFA Law is Investigating a Potential Transaction between Rapid7, Inc. (Nasdaq:RPD) and Cannae Holdings, Shareholders are Encouraged to Contact the Firm

Rapid7 (NASDAQ: RPD ) stock is climbing higher on Thursday after activist investor Jana Partners pushed the cybersecurity solutions company for a sale of its business. According to insider sources, Jana Partners has enough of a stake in the company to push for this sale.

Jana Partners Is Betting Big on Rapid7 (RPD) Stock. It Wants a Sale.

Rapid7 (RPD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Rapid7 (RPD) Surges 6.8%: Is This an Indication of Further Gains?

Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the cybersecurity company to sell itself, a person familiar with the matter said on Wednesday.

Activist investor Jana pushes Rapid7 to consider a sale

With LLMs incorporated into the Rapid7 AI Engine the company's security operations center accelerates incident response for better customer outcomes

Rapid7's AI Engine Supercharges Security Operations with Generative AI

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Cloud-first SIEM, InsightIDR, recognized as an “impressive solution” for streamlining detection and response Cloud-first SIEM, InsightIDR, recognized as an “impressive solution” for streamlining detection and response

Rapid7 Wins Best SIEM Solution at SC Awards Europe 2024

BOSTON, June 05, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD) today announced its collaboration with Comcast Business in support of the recently announced Comcast Business Managed Detection and Response (MDR) solution. The solution leverages Rapid7's security analytics platform and expertise to help small, medium, and large enterprise customers better manage an ever-evolving and challenging cyber threat landscape.

Rapid7 Managed Detection and Response Helps Enterprises Rapidly Identify and Mitigate the Impact of Threats

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BOSTON, May 16, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will be attending the following conferences:

Rapid7 to Attend Upcoming Investor Conferences

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Rapid7's ransomware prevention blocks and contains costly malware attacks designed to evade traditional security mechanisms and disrupt business continuity

Rapid7 Extends Full Threat Cycle MDR with Patented Ransomware Prevention Capabilities

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Rapid7 Inc. (NASDAQ:RPD ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Elizabeth Chwalk - Director of Investor Relations Corey Thomas - Chairman & Chief Executive Officer Timothy Adams - Chief Financial Officer Conference Call Participants Fatima Boolani - Citi Saket Kalia - Barclays Michael Richards - RBC Capital Markets Gray Powell - BTIG Arturo Saavedra - Morgan Stanley Mark Cash - Raymond James Zachary Schneider - Robert Baird Patrick Colville - Scotiabank Patrick O'Neill - Wolfe Research Robert Galvin - Stifel Operator Thank you for standing by. My name is Eric, and I will be your conference operator today.

Rapid7 Inc. (RPD) Q1 2024 Earnings Call Transcript

The headline numbers for Rapid7 (RPD) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Rapid7 (RPD) Q1 Earnings: A Look at Key Metrics

Rapid7 (RPD) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.16 per share a year ago.

Rapid7 (RPD) Beats Q1 Earnings and Revenue Estimates

BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its financial results for the first quarter of 2024.

Rapid7 Announces First Quarter 2024 Financial Results

Besides Wall Street's top -and-bottom-line estimates for Rapid7 (RPD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Rapid7 (RPD) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

BOSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will release its first quarter 2024 financial results on Tuesday, May 7, 2024, after the financial markets close.

News for Rapid7 Stock (RPD)