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Despite revenue beat, Rapid7’s shares fall on weak guidance
May 5, 2022, 12:03 a.m. | Mike Wheatley
Security – SiliconANGLE siliconangle.com
Shares of the cybersecurity technology provider Rapid7 Inc. lost ground in after-hours trading today as the company delivered fiscal first-quarter earnings in-line with forecasts but guidance that was lower than expected. The company reported a net loss of $44.9 million, with its loss per share coming to 16 cents. Revenue for the quarter rose 34%, […]
The post Despite revenue beat, Rapid7’s shares fall on weak guidance appeared first on SiliconANGLE.
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