Rapid7 Announces Fourth Quarter and Full-Year 2020 Financial Results

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Rapid7, Inc. (RPD) Tops Q4 EPS by 1c, Revenues Beat; Offers 1Q & FY21 Revenue Guidance Above Consensus, 1Q & FY21 EPS Views Below Consensus

February 9, 2021 4:14 PM EST

Rapid7, Inc. (NASDAQ: RPD) reported Q4 EPS of ($0.07), $0.01 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $113.16 million versus the consensus estimate of $108.62 million.

"The Rapid7 team delivered a strong finish to 2020 that exceeded our expectations across both security transformation solutions and vulnerability management. Full-year ARR growth of 28% demonstrates our ability to capture the growing opportunity as organizations transform their security operations for the cloud," said Corey Thomas, Chairman and CEO of Rapid7.

"As we look ahead to 2021 we remain focused on delivering an Insight Platform experience that... More