Rapid7 (RPD) PT Lowered to $57 at RBC Capital

Go back to Rapid7 (RPD) PT Lowered to $57 at RBC Capital

Rapid7 Announces First Quarter 2024 Financial Results

May 7, 2024 4:06 PM EDT

Annualized recurring revenue (ARR) of $807 million, an increase of 11% year-over-yearTotal revenue of $205 million, up 12% year-over-year; Product subscriptions revenue of $197 million, up 13% year-over-yearGAAP operating income of $11 million; Non-GAAP operating income of $40 millionNet cash provided by operating activities of $31 million; Free cash flow of $28 million

BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its financial results for the... More