Rapid7, Inc. Announces Earnings Guidance for the Second Quarter and Full Year 2022
May 04, 2022 at 04:05 pm EDT
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Rapid7, Inc. announced earnings guidance for the second quarter and full year 2022. For the quarter, the company expected revenue to be in the range of $163 million to $165 million.
For the full year, the company expected revenue to be in the range of $686 million to $692 million. Annualized recurring revenue is expected to be in the range of $740 million to $750 million.
Rapid7, Inc. is engaged in advancing security with visibility, analytics, and automation delivered through its Insight Platform. Its Insight Platform solutions include incident detection and response, cloud security, vulnerability risk management, application security, threat intelligence and security orchestration and automation response. It offers its Insight Platform solutions as software-as-a-service products, on a subscription basis. It provides cloud products across the main pillars of Security Operations (SecOps), which include InsightIDR, InsightCloudSec, InsightVM, InsightAppSec and InsightConnect. Its other products include Threat Intelligence, Nexpose, AppSpider and Metasploit. Its professional service offerings include Penetration Testing, Cybersecurity Maturity Assessments, Security and Incident Response Program Development Services, Internet of things (IoT) and Internet Embedded Device testing, as well as Threat Modeling, TableTop Exercises and Incident Response services.
RAPID7, INC. 
