secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001560327-24-000104
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 Q3 2024 revenue $215M (+8% YoY), GAAP net income $16.6M vs loss; raises guidance
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- ARR of $823M, up 6% YoY; product subscriptions revenue $206M (+8% YoY).
- GAAP net income $16.6M ($0.22 diluted) vs loss of $76.6M in Q3 2023; non-GAAP EPS $0.66.
- Free cash flow $39M vs negative $0.6M a year ago; operating cash flow $44M.
- Q4 ARR guidance $835-845M (4-5% YoY growth); full-year non-GAAP EPS $2.28-2.31.
- CEO cites strong sales pipeline and early traction from new Command platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000156032724000104/0001560327-24-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000156032724000104/rp-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001560327-24-000104

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