Rapid7 (RPD) PT Raised to $40 at Susquehanna
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Rapid7 Announces Second Quarter 2018 Financial Results
August 6, 2018 4:05 PM EDTRevenue of $58.4 million under ASC 606Revenue growth of 30% year-over-year under ASC 605Annualized recurring revenue of $198.6 million, an increase of 44% year-over-year
BOSTON, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), powering SecOps through its visibility, analytics and automation cloud, today announced its financial results for the second quarter of 2018.
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... More
