Rapid7 (NASDAQ:RPD) reported its Q4 earnings results on Wednesday, February 9, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Rapid7 reported in-line EPS of $-0.16 versus an estimate of $-0.16.
Revenue was up $38.48 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13, which was followed by a 5.82% increase in the share price the next day.
Here's a look at Rapid7's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | 0.02 | -0.06 | -0.08 |
| EPS Actual | 0.06 | 0.07 | -0.03 | -0.07 |
| Revenue Estimate | 134.22M | 122.60M | 114.30M | 108.62M |
| Revenue Actual | 139.89M | 126.42M | 117.45M | 113.16M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Rapid7 management provided guidance for their next quarter, expecting earnings between $-0.18 and $-0.15 per share for the next quarter.
This represents a -3.12% in quarter-over-quarter growth for Rapid7, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
