Page 5 - Roger Boyd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

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