Rapid7 Q4 2023 Adj EPS $0.72 Beats $0.48 Estimate, Sales $205.27M Beat $201.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rapid7 (NASDAQ:RPD) reported Q4 2023 adjusted EPS of $0.72, surpassing the $0.48 estimate, marking a 105.71% increase from last year. Sales reached $205.27M, exceeding the $201.72M estimate, up 11.27% from the previous year.
February 07, 2024 | 9:31 pm
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Rapid7 reported a significant beat on both earnings and sales for Q4 2023, with adjusted EPS at $0.72 and sales of $205.27M.
Rapid7's earnings and sales for Q4 2023 significantly exceeded analyst estimates, indicating strong financial performance and potential growth. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in RPD's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100