Rapid7, Inc. (RPD) Tops Q2 EPS by 6c, Revenues Beat

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Go back to Rapid7, Inc. (RPD) Tops Q2 EPS by 6c, Revenues Beat

Rapid7 Announces Second Quarter 2020 Financial Results

August 6, 2020 4:06 PM EDT

Annualized recurring revenue (ARR) of $379.9 million, an increase of 31% year-over-yearRevenue of $98.9 million, 25% year-over-year growth; Products revenue of $92.4 million, 27% year-over-year growthTotal ARR per customer growth of 20% year-over-yearGAAP operating loss of $(15.7) million; Non-GAAP operating income of $4.3 million

BOSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leading provider of security analytics and automation, today announced its financial results for the second quarter of 2020.

"Rapid7's solid execution drove results that exceeded expectations for both growth and profitability during the... More