earnings
confidence high
sentiment neutral
materiality 0.70
Rapid7 Q2 ARR $658M, up 35% YoY; revenue $167M, up 32%; guides Q3 ARR $740-750M
Rapid7, Inc.
2022-Q2 EPS reported
-$1.46
revenue$324,839,000
- ARR $658M (+35% YoY); total revenue $167M (+32%); products revenue $159M (+34%).
- GAAP net loss $39.6M ($0.68 loss per share); non-GAAP net loss $0.5M ($0.01 loss per share).
- Customer count 10,624 (+14%); ARR per customer $62K (+18%).
- Q3 guidance: ARR $740-750M, revenue $175-177M, non-GAAP EPS $0.03-0.06.
- FY22 guidance: revenue $686-690M, non-GAAP EPS $0.08-0.15, free cash flow $40-45M.