Rapid7, Inc. (NASDAQ: RPD) reported Q4 EPS of ($0.31), $0.05 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $32.9 million versus the consensus estimate of $29.71 million.

“Our strong performance in the fourth quarter reflects the healthy demand for security data and analytics, our solid execution, and the momentum that we are building,” said Corey Thomas, president and chief executive officer of Rapid7. “Our products and services drove strong new customer growth across both enterprises and the mid-market. As we look towards 2016, we are positive on the demand environment and our opportunity as companies shift toward building pragmatic security programs and making thoughtful investments in security data and analytics.”

“We exceeded our guidance across all metrics and delivered fourth quarter financial results that were highlighted by strong year-over-year revenue growth, significant increases in renewal rates and deferred revenue, and positive operating cash flow,” said Steven Gatoff, chief financial officer of Rapid7. “We enter the year with an increasing number of companies looking to Rapid7 to help them implement and execute their next generation security programs, putting us in a great position to drive revenue growth, make solid progress on our path to profitability, and generate meaningful operating cash flow and positive free cash flow in 2016.”

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