Rapid7 Announces Third Quarter 2024 Financial Results
Portfolio Pulse from
Rapid7, Inc. reported its Q3 2024 financial results, showing a 6% increase in annualized recurring revenue to $823 million and an 8% rise in total revenue to $215 million. The company achieved a GAAP operating income of $14 million and a non-GAAP operating income of $44 million, with strong demand in its threat detection and response business.
November 06, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Rapid7's Q3 2024 financial results show strong performance with a 6% increase in ARR and an 8% rise in total revenue, driven by demand in threat detection and response.
The positive financial results, including increased ARR and total revenue, indicate strong business performance and demand for Rapid7's offerings, likely boosting investor confidence and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100