Shares of cybersecurity software maker Rapid7 (NASDAQ:RPD) fell 8% in the morning session after the company reported fourth-quarter results and provided full-year revenue guidance below expectations, suggesting a slowdown in demand. Billings also missed, adding to the weakness. In addition, the company expects professional services revenue growth to be down modestly in 2024 (compared to the previous year), which is expected to result in a minor headwind to billings. On the other hand, Rapid7 top
COMPANY NEWS: Rapid7, a leader in extended risk and threat detection, today announced a new Managed Digital Risk Protection (DRP) service for external.
Rapid7, Inc. (NASDAQ:RPD – Get Free Report) has earned an average rating of “Hold” from the fifteen research firms that are presently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among analysts […]
GUEST OPINION: It’s fair to say that 2023 was a turning point for the cybersecurity industry, and no one felt it more than the CISO. From the onslaugh.