earnings
confidence high
sentiment positive
materiality 0.80
Rapid7 Q4 beats; ARR $806M (+13%); FY24 FCF guide ≥$160M
Rapid7, Inc.
2023-FY EPS reported
-$2.46
revenue$777,707,000
- Q4 total revenue $205.3M (+11% YoY); GAAP net income $20M ($0.27 diluted) vs loss in Q4 2022.
- Non-GAAP Q4 net income $51.7M ($0.72 diluted); non-GAAP operating margin 20% vs 11% YoY.
- Full-year ARR $806M (+13%); customers 11,526 (+5%); ARR per customer $69.9K (+7%).
- Full-year free cash flow $84M; FY24 FCF guidance at least $160M.
- FY24 revenue guidance $848-856M (+9-10% YoY); non-GAAP EPS $2.10-2.21.