Rapid7 Stock Price, News & Analysis

Rapid7’s Managed Detection and Response (MDR) services showcased strong performance in the 2022 MITRE Engenuity ATT&CK Evaluations, highlighting early threat detection and comprehensive reporting.

The evaluation simulated attacks from the OilRig threat group, and Rapid7 excelled in identifying attack techniques across all simulation steps. More than half of organizations rely on security service providers for data protection.

Rapid7’s integrated team offers high-quality digital forensics and incident response, ensuring effective incident management.

BOSTON, Nov. 08, 2022 – Rapid7 (NASDAQ: RPD), a leader in security analytics and automation, has announced upcoming presentations at major technology conferences. Management will present at the 2022 RBC Global Technology Conference on November 15, 2022, at 2:35 p.m. ET in New York, and at the Barclays Global Technology Conference on December 7, 2022, at 3:05 p.m. PT in San Francisco. Live webcasts and replays will be available on the company’s investor relations website.

Rapid7, Inc. (RPD) reported Q3 2022 financial results, achieving annualized recurring revenue (ARR) of $684 million, a 24% increase year-over-year. Total revenue reached $176 million, up 26%, with products revenue at $166 million, a 27% rise. Despite a GAAP operating loss of $23 million, the company achieved a non-GAAP operating income of $13 million. The company raised its full-year guidance for non-GAAP operating income and anticipated a fourth-quarter ARR of $711 million to $717 million, maintaining strong growth metrics.

Rapid7 (NASDAQ: RPD) will announce its third quarter 2022 financial results on November 2, 2022, after market close. A conference call scheduled for the same day at 4:30 p.m. ET will discuss the results and business outlook. Interested parties can access the call via telephone or livestream it on the company's website. Rapid7 provides security analytics and automation solutions, serving over 10,000 customers globally. The company is committed to improving security outcomes and facilitating collaboration among security, IT, and development teams.

BOSTON, Sept. 22, 2022 – The Boston Bruins have partnered with Rapid7, marking a historic first as the official jersey patch partner and cybersecurity partner. This multi-year agreement begins with the 2022-23 NHL season. Rapid7 will display its logo on the Bruins' jerseys and sponsor the ‘Rapid7 Rafters’ seating area at TD Garden. Both organizations aim to enhance community initiatives and promote cybersecurity awareness. The jersey patches become available for purchase on October 15, 2022, with the partnership focusing on social good and support for underrepresented communities.

BOSTON, Aug. 23, 2022 – Rapid7 (NASDAQ: RPD) announced management will present at the Piper Sandler Growth Frontiers Conference in Nashville, TN. The presentation is scheduled for Tuesday, September 13, 2022, at 10:30 a.m. Central Time. A live webcast of the presentation will be available, with a replay accessible for a limited time on the investor relations website.

Rapid7 enhances security through visibility, analytics, and automation, empowering over 10,000 customers to improve their security outcomes.

Rapid7 reported impressive financial results for Q2 2022, highlighting an annualized recurring revenue (ARR) of $658 million, marking a 35% increase year-over-year. Total revenue surged to $167 million (up 32%), with product revenue at $159 million (up 34%). Customer growth reached 14%, totaling 10,624 customers. However, the company faced a GAAP net loss of $39.6 million and a GAAP operating margin of (21%). Looking forward, Rapid7 projects third quarter ARR between $740 million and $750 million, with revenue expectations between $175 million and $177 million.

Rapid7 (NASDAQ: RPD) announced new layered context capabilities in its InsightCloudSec platform, enhancing cloud security management. This feature provides security teams with a consolidated view of risk signals, addressing issues like misconfigurations and public exposure. It simplifies risk prioritization and remediation, enabling organizations to adapt to rapid cloud adoption. Key benefits include context-driven risk assessment, real-time insights into vulnerabilities, and streamlined asset management.

Rapid7, Inc. (NASDAQ: RPD) will release its second quarter 2022 financial results on August 3, 2022, after market close. The company will host a conference call that day at 4:30 p.m. ET to discuss its results and business outlook. Investors can access the call via telephone or through the company's website. With over 10,000 customers relying on its security analytics and automation solutions, Rapid7 continues to position itself as a leader in the cybersecurity space.