Rapid7 (NASDAQ:RPD) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Rapid7 beat estimated earnings by 77.78%, reporting an EPS of $0.16 versus an estimate of $0.09.
Revenue was up $25.79 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 0.85% drop in the share price the next day.
Here’s a look at Rapid7’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.18 | 0.06 | -0.03 | -0.16 |
| EPS Actual | 0.35 | 0.14 | -0.01 | -0.16 |
| Revenue Estimate | 179.49M | 175.51M | 164.09M | 152.99M |
| Revenue Actual | 184.48M | 175.76M | 167.46M | 157.38M |
To track all earnings releases for Rapid7 visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
