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Rapid7 beats estimates, raises profit outlook and cuts 12% of staff
['Duncan Riley', 'Maria Deutscher', 'Devony Hof', 'Mike Wheatley', 'Guest Author']
SiliconANGLE
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 […]
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