Rapid7 Announces Second Quarter 2018 Financial Results

Go back to Rapid7 Announces Second Quarter 2018 Financial Results

Rapid7, Inc. (RPD) Tops Q2 EPS by 6c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

August 6, 2018 4:13 PM EDT

Rapid7, Inc. (NASDAQ: RPD) reported Q2 EPS of ($0.13), $0.06 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $58.4 million versus the consensus estimate of $55.14 million.

Rapid7 had a great second quarter, with strong performance around the world and across our solutions, said Corey Thomas, President and CEO of Rapid7. For the fourth quarter in a row, ARR growth accelerated, reaching 44%, driven by new customer growth, upsells and cross-sells, and the success of our shift... More