Tenable: No Signs Of Weakness [Seeking Alpha]
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Rapid7, Inc. (RPD)
Last rapid7, inc. earnings: 2/10 04:05 pm
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US:NASDAQ Investor Relations:
investors.rapid7.com
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Source: Seeking Alpha
The company's growth momentum remains strong, driven by demand in the enterprise market and the success of Tenable One. Tenable's valuation has been downgraded due to industry de-rating, but the company is expected to continue trading at a historical premium. Investment overview I wrote about Tenable ( NASDAQ: TENB ) previously ( Feb 2024 ) with a buy rating as I expected strong growth momentum going into FY24 and strong long-term growth ahead, supported by growing demand for cybersecurity. I remain buy-rated for TENB as I see continuous strength in demand, especially in the enterprise market, and that TENB's Tenable One continues to win deals, which opens up more upsell opportunities. 1Q24 earnings (announced on May 1) TENB reported strong revenue performance of $216 million (14.4% y/y growth), which beat the high end of management's guidance and consensus estimates of $213.6 million. Adj gross margin also came in higher than expected at 80.9% vs. 79.6%, with absolute gros
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RPD
News
- Rapid7's AI Engine Supercharges Security Operations with Generative AI [Yahoo! Finance]Yahoo! Finance
- Rapid7’s AI Engine Supercharges Security Operations with Generative AIGlobeNewswire
- This Is Why Rapid7, Inc.'s (NASDAQ:RPD) CEO Compensation Looks Appropriate [Yahoo! Finance]Yahoo! Finance
- Rapid7 Wins Best SIEM Solution at SC Awards Europe 2024 [Yahoo! Finance]Yahoo! Finance
- Rapid7 Wins Best SIEM Solution at SC Awards Europe 2024GlobeNewswire
RPD
Earnings
- 5/7/24 - Beat
RPD
Sec Filings
- 6/7/24 - Form 4
- 6/5/24 - Form 8-K
- 6/5/24 - Form 144
- RPD's page on the SEC website