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

Rapid7

10/05/2023 16:31

* Rapid7 Inc  RPD.OQ  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in March. The mean
expectation of nineteen analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue rose 16.4% to $183.17 million from a year ago;
analysts
expected $181.25 million. 
    * Rapid7 Inc's reported EPS for the quarter was a loss of 43
cents​.
    * The mean earnings estimate of analysts had risen by
about 20.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Rapid7 Inc shares had fallen by 3.6% this quarter and
gained 30.2% so far this year.
    * The company reported a quarterly loss of $25.92 million.
    * Wall Street's median 12-month price target for Rapid7 Inc
is
$52.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 03:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.09           0.16           Beat
 Dec. 31 2022      0.18           0.35           Beat
 Sep. 30 2022      0.06           0.14           Beat
 Jun. 30 2022      -0.03          -0.01          Beat