earnings
confidence high
sentiment positive
materiality 0.75
Rapid7 Q3 revenue $176M (+26% YoY); raises FY non-GAAP op income guidance to $25-27M
Rapid7, Inc.
2022-Q3 EPS reported
-$1.95
revenue$500,604,000
- ARR reached $684M, up 24% YoY; total ARR per customer grew 14% to $63,400.
- GAAP operating loss of $23M narrowed from $34M; non-GAAP operating income $13M vs $5.7M YoY.
- GAAP net loss per share -$0.49; non-GAAP diluted EPS $0.14, up from $0.06 YoY.
- Raised FY2022 non-GAAP op income guidance to $25-27M (prior $10-20M); free cash flow $36-40M.
- Q4 guidance: ARR $711-717M (19-20% YoY), revenue $179-181M.