Rapid7, Inc. (RPD) falls as full-year revenue guidance disappoints

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Rapid7 Announces Fourth Quarter and Full-Year 2023 Financial Results

February 7, 2024 4:05 PM EST

Annualized recurring revenue (ARR) of $806 million, an increase of 13% year-over-yearFull-year revenue of $778 million, up 14% year-over-year; Products revenue of $740 million, up 14% year-over-yearFull-year GAAP operating loss of $81 million; Full-year non-GAAP operating income of $102 millionFull-year net cash provided by operating activities of $104 million; Free cash flow of $84 million

BOSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its financial results for the fourth quarter and full-year 2023.

Rapid7 delivered solid results to end the year,... More

Rapid7 Adds New Managed Digital Risk Protection To Leading MDR Service for 360-Degree Detection and Response

February 6, 2024 9:01 AM EST

External threat monitoring and remediation managed by Rapid7 experts pinpoints and eliminates threats earlier in the threat life cycle

BOSTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced a new... More