💻 Technology 7h ago · Duncan Riley

Rapid7 beats estimates, raises profit outlook and cuts 12% of staff

SiliconANGLE
SiliconANGLE tech
View Channel →
Rapid7 beats estimates, raises profit outlook and cuts 12% of staff
Source ↗ 👁 0 💬 0
Shares of Rapid7 Inc. rose more than 8% in late trading today after the cybersecurity company beat second-quarter earnings and revenue estimates while disclosing plans to cut roughly 12% of its workforce. For the quarter ended on June 30, Rapid7 reported adjusted earnings of 44 cents per share, down from 58 cents a year earlier, on […]
The post Rapid7 beats estimates, raises profit outlook and cuts 12% of staff appeared first on SiliconANGLE.

Comments (0)

Sign in to join the discussion

More Like This

I finally switched Linux desktops, and COSMIC is the one to blame
XDA · 6h ago
This 200W USB 8-port charging station is ready to take over your home
XDA · 6h ago
Rackspace beats expectations but its losses pile up amid aggressive AI pivot
SiliconANGLE · 6h ago
Verizon's latest outage saw mobile and internet services disrupted in Southern California
GSMArena.com - Latest articles · 6h ago
DEF CON hackers launch Water Watch Center to defend small water utilities
SiliconANGLE · 6h ago
Intel to launch $15B stock sale amid AI boom, advanced packaging demand
SiliconANGLE · 7h ago