Rapid7 Inc RPD

Technology Software - Infrastructure

Rapid7, Inc. is engaged in advancing security with visibility, analytics, and automation delivered through its Insight Platform. Its Insight Platform solutions include incident detection and response, cloud security, vulnerability risk management, application security, threat intelligence and security orchestration and automation response. It offers its Insight Platform solutions as software-as-a-service products, on a subscription basis. It provides cloud products across the main pillars of Security Operations (SecOps), which include InsightIDR, InsightCloudSec, InsightVM, InsightAppSec and InsightConnect. Its other products include Threat Intelligence, Nexpose, AppSpider and Metasploit. Its professional service offerings include Penetration Testing, Cybersecurity Maturity Assessments, Security and Incident Response Program Development Services, Internet of things (IoT) and Internet Embedded Device testing, as well as Threat Modeling, TableTop Exercises and Incident Response services.

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Rapid7 Inc

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Post by Betteryear2on Feb 07, 2024 6:20pm

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Rapid7 Fourth Quarter and Full-Year 2023 Financial Results

Annualized recurring revenue (“ARR”) of $806 million, an increase of 13% year-over-year
Full-year revenue of $778 million, up 14% year-over-year; Products revenue of $740 million, up 14% year-over-year
Full-year GAAP operating loss of $81 million; Full-year non-GAAP operating income of $102 million
Full-year net cash provided by operating activities of $104 million; Free cash flow of $84 million

BOSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its financial results for the fourth quarter and full-year 2023.

Rapid7 Announces Fourth Quarter and Full-Year 2023 (globenewswire.com)

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