Rapid7 Inc reports results for the quarter ended in June - Earnings Summary

Rapid7

09/08/2023 02:16

* Rapid7 Inc  RPD.OQ  reported quarterly adjusted earnings
of 18
cents​​ per share for the quarter ended in June. The mean
expectation of twenty analysts for the quarter was for earnings
of 11 cents per share.
    * Revenue rose 13.7% to $190.42 million from a year ago;
analysts
expected $188.10 million. 
    * Rapid7 Inc's reported EPS for the quarter was a loss of
$1.10​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Rapid7 Inc shares had fallen by 6.9% this quarter and
gained 24.1% so far this year.
    * The company reported a quarterly loss of $66.78 million.
    * Wall Street's median 12-month price target for Rapid7 Inc
is
$50.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 15
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:16 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.11           0.18           Beat
 Mar. 31 2023      0.09           0.16           Beat
 Dec. 31 2022      0.18           0.35           Beat
 Sep. 30 2022      0.06           0.14           Beat