Rapid7 reports Q3 non-GAAP EPS 66c, consensus 52c

Reports Q3 revenue $214.65M, consensus $209.67M. “Rapid7 (RPD) continued to see positive momentum across key areas of our business in the third quarter, highlighted by growth in our threat detection and response business, and strong demand for our consolidated offerings, which resulted in revenue and operating income exceeding guided ranges. There are also a number of promising indicators on the horizon, including a stronger sales pipeline and early positive traction from our newly launched Command platform,” said Corey Thomas, CEO of Rapid7. “We continue to thoughtfully invest to bring our customers the most relevant security solutions, and I am confident that Rapid7 is well positioned to continue driving profitable growth over time.”