Rapid7 Q2 2024 Adj. EPS $0.58 Beats $0.52 Estimate, Sales $207.991M Beat $203.660M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rapid7 (NASDAQ:RPD) reported Q2 2024 adjusted EPS of $0.58, beating the estimate of $0.52. Sales were $207.991 million, surpassing the $203.660 million estimate and showing a 9.23% increase from the same period last year.
August 06, 2024 | 9:35 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Rapid7 reported Q2 2024 adjusted EPS of $0.58, beating the estimate of $0.52 by 11.54%. Sales were $207.991 million, surpassing the $203.660 million estimate and showing a 9.23% increase from the same period last year.
Rapid7's better-than-expected earnings and sales figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100