Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Rapid7, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $ 183,174, net income $ (25,915), EPS $ (0.43). Guidance raised.
- Period
- the fiscal quarter ended March 31, 2023
- Revenue
- $ 183,174
- Net income
- $ (25,915)
- EPS
- $ (0.43)
- Guidance
- raised
- Result
- reported results
Exact text from the filing
First Quarter 2023 Financial Results and Other Metrics Three Months Ended March 31, 2023 2022 % Change (dollars in thousands) Annualized recurring revenue $ 727,853 $ 627,122 16 % Number of customers 11,034 10,407 6 % ARR per customer $ 66.0 $ 60.3 9 % rapid7.com Three Months Ended March 31, 2023 2022 % Change (in thousands, except per share data) Products revenue $ 173,772 $ 149,025 17 % Professional services revenue 9,402 8,359 12 % Total revenue $ 183,174 $ 157,384 16 % North America revenue $ 143,880 $ 124,934 15 % Rest of world revenue 39,294 32,450 21 % Total revenue $ 183,174 $ 157,384 16 % GAAP gross profit $ 127,175 $ 106,095 GAAP gross margin 69 % 67 % Non-GAAP gross profit $ 134,387 $ 113,029 Non-GAAP gross margin 73 % 72 % GAAP loss from operations $ (23,965) $ (40,379) GAAP operating margin (13) % (26) % Non-GAAP income from operations $ 10,993 $ (5,619) Non-GAAP operating margin 6 % (4 %) GAAP net loss $ (25,915) $ (44,999) GAAP net loss per share,
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