Previous close | 11.70 |
Open | 11.70 |
Bid | 10.30 |
Ask | 13.50 |
Strike | 50.00 |
Expiry date | 2025-12-19 |
Day's range | 11.70 - 11.70 |
Contract range | N/A |
Volume | |
Open interest | 7 |
Insight into Rapid7's First Quarter Financials and Future Outlook
Cybersecurity software maker Rapid7 (NASDAQ:RPD) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 12% year on year to $205.1 million. On the other hand, next quarter's revenue guidance of $204 million was less impressive, coming in 2.7% below analysts' estimates. It made a non-GAAP profit of $0.55 per share, improving from its profit of $0.16 per share in the same quarter last year.
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 an