Rapid7 Inc. Stock News

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BOSTON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced the expansion of its Managed Extended Detection and Response (MXDR) service to deliver continuous threat detection, investigation, and response across core Microsoft security tools. The newly enhanced service leverages organizations' existing Microsoft telemetry,...

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BOSTON, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that it has been recognized as ‘Security Vendor of the Year' at the CRN Channel Awards 2024 . One of the oldest and most prestigious awards in the UK IT Channel, CRN Channel Awards recognize companies committed to growth and innovation in the technology and IT ch...

BOSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will be attending the following conferences: The 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference in New York, NY. The presentation is scheduled for Tuesday, November 19, 2024 at 9:20 a.m.

My rating for Rapid7 is upgraded to a Buy, considering RPD's above-expectations Q3 bottom line and its status as a potential takeover target. The Company's Q3 2024 normalized EPS rose by +32.0% YoY and surpassed the consensus estimate by +27.6%, thanks to the good performance of the threat detection business and its profitability improvement. Rapid7 is reported to have been the potential acquis...

Rapid7, Inc. (RPD) Q3 2024 Earnings Call Transcript

Annualized recurring revenue (“ARR”) of $823 million, an increase of 6% year-over-year Total revenue of $215 million, up 8% year-over-year; Product subscriptions revenue of $206 million, up 8% year-over-year GAAP operating income of $14 million; non-GAAP operating income of $44 million Net cash provided by operating activities of $44 million; free cash flow of $39 million BOSTON, Nov. 06, 2024 ...