Welcome to our dedicated page for Rapid7 news (Ticker: RPD), a resource for investors and traders seeking the latest updates and insights on Rapid7 stock.
Rapid7, Inc. (NASDAQ: RPD) generates frequent news as a cybersecurity company focused on threat detection and exposure management. Company announcements highlight product innovations, partnerships, financial results, and research insights that reflect Rapid7’s role in helping organizations manage modern attack surfaces across cloud and hybrid environments.
News coverage often features updates to the Rapid7 Command Platform, including AI-generated risk intelligence in Remediation Hub and vulnerability intelligence in Intelligence Hub. These stories describe how Rapid7 uses AI-driven context and curated threat data to help security teams prioritize remediation and connect exposure management with detection and response.
Rapid7’s news flow also includes partnership announcements. Examples include collaborations to add cloud runtime security capabilities to the Rapid7 Command Platform, a strategic partnership with HITRUST to automate cybersecurity assurance against the HITRUST framework, and an expanded partnership with Microsoft to provide a managed detection and response solution integrated with Microsoft Defender. Other releases describe offerings such as Curated Intelligence Rules for AWS Network Firewall, which bring curated threat intelligence directly into AWS environments.
Investors and analysts following RPD can find earnings releases and related financial updates, where Rapid7 reports metrics such as annualized recurring revenue, revenue composition, and non-GAAP measures, along with commentary on its Command Platform and market positioning. Additional items include announcements about conference participation, regional expansions such as the establishment of a local entity and platform instance in the United Arab Emirates, and research-based outlooks on cybersecurity trends and threat landscapes.
This news page aggregates these company-specific developments, providing a central view of Rapid7’s product evolution, strategic relationships, financial disclosures, and thought leadership for those tracking the RPD stock and its cybersecurity activities.
Rapid7 (NASDAQ: RPD) has been recognized as a Strong Performer in Forrester Research's The Forrester Wave™: Managed Detection and Response Providers, Q1 2021. Among 15 evaluated service providers, Rapid7's offering was assessed based on 19 criteria, highlighting its commitment to addressing the growing demands of security in an increasingly complex digital environment. With organizations facing budget constraints for internal security resources, Rapid7's Managed Detection and Response (MDR) services help clients enhance their security posture and effectively manage threats.
Rapid7 announced the pricing of $525 million in 0.25% convertible senior notes due 2027, up from a previous offering of $500 million. The notes will convert into cash, shares, or a mix, with an initial conversion price of about $103.38 per share—a 30% premium. With net proceeds estimated at $511.8 million, Rapid7 plans to repurchase approximately $182.6 million of its 1.25% Convertible Senior Notes due 2023. The remaining funds will support corporate purposes and potential acquisitions. The sale is set to close on March 19, 2021, pending customary conditions.
Rapid7 (Nasdaq: RPD) announced plans to offer $500 million of convertible senior notes due 2027 in a private placement. There is an option for initial purchasers to buy up to $75 million more. The notes will be unsecured and convertible into cash, shares, or a combination. Proceeds will be used to repurchase some existing convertible notes and for general corporate purposes, including acquisitions and strategic investments. The offering is subject to market conditions, and the terms will be finalized at pricing.
Rapid7 (NASDAQ: RPD), a leader in security analytics and automation, will host a Virtual Investor Day on March 10, 2021, at 1:00 p.m. Eastern Time. The executive team will present the company’s vision, strategy, key initiatives, and financial goals. Investors can access the live webcast via the Investor Relations website, where a replay will also be available post-event.
For further information, investors may contact Investor Relations via email.
BOSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Rapid7 (NASDAQ: RPD) announces its participation in the Goldman Sachs Technology and Internet Conference 2021, scheduled for February 11, 2021, at 3:40 p.m. Eastern Time. The presentation will be accessible via a live webcast, and replays will be available on its investor relations website. Rapid7 provides security analytics and automation solutions to over 9,700 customers, enabling effective collaboration between security teams and IT to address vulnerabilities and enhance security.
Rapid7 (NASDAQ: RPD) reported a strong financial performance for 2020, with full-year revenue reaching $411.5 million, a 26% increase year-over-year. The annualized recurring revenue (ARR) grew to $432.9 million, marking a 28% increase. Notably, products revenue hit $382.9 million, up 29% year-over-year. The company experienced a GAAP operating loss of $(74.1) million, while non-GAAP operating income stood at $2.0 million.
Looking ahead, Rapid7 predicts 2021 revenue between $488.0 million and $496.0 million, indicating continued growth.
Rapid7 has announced the acquisition of Alcide.IO for approximately $50 million, enhancing its cloud security offerings. This purchase, the second in nine months, aims to bolster Rapid7's capabilities in Kubernetes security and provide a unified customer experience in cloud-native application security management. Alcide's technology integrates security into DevOps processes, ensuring seamless deployment and protection of cloud environments. The acquisition is expected to have no significant financial impact on Rapid7 for 2021.
Rapid7 (NASDAQ: RPD) has announced the release date for its fourth quarter and full year 2020 financial results, set for February 9, 2021, post-market close. A conference call to discuss these results and the business outlook will follow at 4:30 p.m. ET. Investors can access the call via telephone or through a live webcast on the company’s investor relations website. A replay of the call will be available until February 16, 2021. Rapid7 provides security analytics and automation solutions, serving over 9,300 customers globally.
Rapid7, Inc. (NASDAQ: RPD) announced a strategic partnership with SCADAfence, enhancing cybersecurity through integrated visibility for IT and operational technology (OT) networks. The collaboration aims to help organizations assess risks and manage vulnerabilities in connected environments, crucial for smart manufacturing. Security teams will benefit from improved risk prioritization using Rapid7's InsightVM and SCADAfence’s OT visibility. This partnership seeks to address increasing cybersecurity threats associated with digitally connected Industrial Control Systems.
Rapid7 (NASDAQ: RPD) has announced that it will present at three upcoming virtual conferences. The presentations will take place at the Needham Virtual Security, Networking, and Communications Conference on November 17 at 2:15 p.m. ET, the RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference on November 18 at 11:35 a.m. ET, and the Barclays Global Technology, Media and Telecommunications Conference on December 9 at 9:30 a.m. ET. Live webcasts and replays will be available on their investor relations website.
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