Rapid7, Inc. (RPD) Tops Q3 EPS by 9c, Revenues Beat; Raises FY18 Revenue Guidance Above Consensus, FY18 EPS Views Above Estimates

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Go back to Rapid7, Inc. (RPD) Tops Q3 EPS by 9c, Revenues Beat; Raises FY18 Revenue Guidance Above Consensus, FY18 EPS Views Above Estimates

 Rapid7 Announces Third Quarter 2018 Financial Results

November 6, 2018 4:05 PM EST

Revenue of $62.4 million under ASC 606Revenue growth of 30% year-over-year under ASC 605Annualized recurring revenue of $217.4 million, an increase of 46% year-over-yearRaised revenue guidance for full-year 2018

BOSTON, Nov. 06, 2018 (GLOBE NEWSWIRE) --  Rapid7, Inc. (Nasdaq: RPD), powering SecOps through its visibility, analytics and automation cloud, today announced its financial results for the third quarter of 2018.

Rapid7 had a great third quarter reflecting strong performance across the board said Corey Thomas, President and CEO of Rapid7. As security teams with limited resources try to manage increasing workloads driven by a more complex... More