Recap: Rapid7 Q1 Earnings - Rapid7 (NASDAQ:RPD)

Rapid7 RPD reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Rapid7 beat estimated earnings by 77.78%, reporting an EPS of $0.16 versus an estimate of $0.09.

Revenue was up $25.79 million from the same period last year.

Last quarter the company beat on EPS by $0.17 which was followed by a 0.85% drop in the share price the next day.

Here's a look at Rapid7's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.18	0.06	-0.03	-0.16
EPS Actual	0.35	0.14	-0.01	-0.16
Revenue Estimate	179.49M	175.51M	164.09M	152.99M
Revenue Actual	184.48M	175.76M	167.46M	157.38M

To track all earnings releases for Rapid7 visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.