Rapid7, Inc. Announces Earnings Guidance for the Second Quarter and Full Year 2022
May 05, 2022 at 01:35 am IST
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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 a global cybersecurity software and services provider. It has the expertise of the security operations center (SOC) across information security, cloud operations, development, and information technology (IT) teams, enabling them to understand the attacker and leverage that information to take control of their fragmented attack surface. Rapid7 Managed Threat Complete (MTC) is its flagship offering and unifies the leading detection and response of Rapid7 Managed Detection and Response (MDR) and the exposure management of Rapid7 Managed Vulnerability Management (MVM) to manage customerâs imminent risks, pinpoint and eliminate threats as early as possible and build resiliency for their future. Its Rapid7 Threat Complete unifies Rapid7 InsightIDR (InsightIDR) and Rapid7 InsightVM (InsightVM) to provide complete risk and threat coverage in a single offering. Its security solutions help more than 11,000 global customers unite cloud risk management and threat detection.