Rapid7 Inc (RPD) reported a profit for its first quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $2.11 million, or $0.03 per share. This compares with $1.41 million, or $0.02 per share, last year.
Excluding items, Rapid7 Inc reported adjusted earnings of $35.58 million or $0.49 per share for the period.
Analysts on average had expected the company to earn $0.34 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.5% to $210.25 million from $205.10 million last year.
Rapid7 Inc earnings at a glance (GAAP) :
-Earnings: $2.11 Mln. vs. $1.41 Mln. last year.
-EPS: $0.03 vs. $0.02 last year.
-Revenue: $210.25 Mln vs. $205.10 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.43 - $0.46
Next quarter revenue guidance: $211 - $213 Mln
Full year EPS guidance: $1.78 - $1.91
Full year revenue guidance: $853 - $863 Mln
For comments and feedback: editorial@rttnews.com