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HomeBusinessRapid7 Beats Q4 Estimates, But Revenue Guidance Disappoints

Rapid7 Beats Q4 Estimates, But Revenue Guidance Disappoints

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Rapid7, Inc. (NASDAQ:RPD) reported its Q4 results on Wednesday, with EPS of $0.35 coming in better than the Street estimate of $0.18. Revenue was $184.48 million, compared to the Street estimate of $179.46 million.
Q1/23 EPS is expected to be in the range of $0.07-$0.10, compared to the Street estimate of $0.07, while revenue is expected in the range of $180-182 million, worse than the Street estimate of $185.7 million.
For the full 2023 year, the company expects EPS of $0.81-$0.88, compared to the Street estimate of $0.49. Revenue is seen at $771-778 million, worse than the Street estimate of $789.82 million.

 

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