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Investing.com - Rapid7 Inc reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Rapid7 Inc announced earnings per share of $0.14 on revenue of $176M. Analysts polled by Investing.com EPS of $0.05 on revenue of $176.08M.
Rapid7 Inc 's are up 17.79% and is trading at $35.79 , still down 73.06% from its 52 week high of $145.00 set on Thursday, November 4, 2021.
Rapid7 Inc shares lost 8.40% to trade at $35.79 in after-hours trade the report.
Rapid7 Inc follows other major Information Technology sector earnings this month
Rapid7 Inc's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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