Rapid7 Reports Q3 Earnings Beat on Non-GAAP EPS and Revenue
Rapid7 (NASDAQ:RPD) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and total revenue. The company posted a non-GAAP EPS of $0.60, surpassing estimates by $0.14, while revenue reached $212.4 million, beating projections by $3.24 million despite a 2.6% year-over-year decline. Looking ahead, the cybersecurity firm provided guidance for upcoming performance metrics, including Annual Recurring Revenue (ARR), total revenue, and non-GAAP net income per share. The results reflect a resilient performance in a shifting market environment as the company manages its growth trajectory.
Tickers: $RPD