secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001560327-23-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 Q3 ARR $777M (+14% YoY), revenue $199M (+13%); guides Q4 ARR $800M+
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- ARR $777M (+14% YoY); total revenue $199M (+13%); Products revenue $190M (+14%).
- GAAP operating loss narrowed to $16M from $23M; Non-GAAP operating income $37M (18% margin).
- GAAP net loss $76.6M ($1.25/share) vs $28.7M loss; Non-GAAP net income $34M ($0.50 diluted EPS).
- Q4 guidance: ARR $800-805M, revenue $200-202M, Non-GAAP EPS $0.47-0.49; FY23 FCF ~$80M.
- Issued $300M 1.25% convertible notes due 2029; repurchased $184M of 2.25% notes due 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000156032723000074/0001560327-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000156032723000074/rp-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001560327-23-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer