Core Insights - Rapid7, Inc. announced its participation in Black Hat USA 2025 and DEF CON 33, showcasing a lineup of speakers from Rapid7 Labs who will present groundbreaking research on emerging cybersecurity threats and vulnerabilities [1][10]. Company Overview - Rapid7 Labs is recognized for its community-driven approach to cybersecurity, providing open-source tools and curated intelligence to help teams effectively identify, assess, and mitigate threats [2]. - The company has introduced the Intelligence Hub, which consolidates global threat intelligence curated by Rapid7 Labs researchers [2]. Event Details - Black Hat USA 2025 will occur from August 2 to August 7, while DEF CON 33 will take place from August 7 to August 10, focusing on cutting-edge research and community collaboration in information security [10]. - Rapid7 will feature sessions that leverage 25 years of security program expertise to address pressing cybersecurity challenges [3]. Session Highlights - **Metasploit's Latest Attack Capability**: This session will cover new capabilities in Metasploit, including SMB-to-LDAP relaying and new process injection techniques, with live demonstrations [4]. - **Akheron Proxy**: A session on security testing methods using Akheron proxy, which facilitates real-time communication between microprocessors on hardware circuit boards [5]. - **Weaponization of Cellular-Based IoT Technology**: This briefing will analyze how adversaries exploit IoT devices with cellular technology, including live demonstrations and mitigation techniques [6]. - **Exploiting Synology NAS**: A presentation revealing a critical vulnerability in Synology NAS devices, allowing unauthenticated attackers to achieve root-level remote code execution [7][8]. Community Engagement - Rapid7 emphasizes the importance of face-to-face interactions at these conferences for fostering collaboration and sharing actionable insights within the cybersecurity community [9].

Core Insights - Rapid7, Inc. has launched Active Patching, an automated patching and remediation solution integrated into its Exposure Command platform, aimed at enhancing security and IT teams' ability to mitigate risks across vulnerable assets [1][3]. Group 1: Product Features - Active Patching automates risk remediation and provides continuous, real-time visibility into systems that require patches and those without available fixes, addressing the challenges posed by traditional patching methods [2][4]. - The solution is powered by Automox's Autonomous Endpoint Management platform, allowing teams to prioritize effectively and accelerate response times, resulting in a proactive security posture [3][5]. - Active Patching enhances Exposure Command's capabilities by providing automated patching and remediation, which includes features like automated remediation workflows and unmatched patching coverage across various operating systems [6]. Group 2: Industry Context - The increasing pace at which attackers exploit zero-day vulnerabilities and misconfigurations necessitates modern security solutions that not only identify vulnerabilities but also enable rapid action [2][5]. - The partnership between Rapid7 and Automox aims to reduce risk significantly by enabling customers to transition from identification to remediation in minutes, thus minimizing manual overhead [5][8]. - Automox's platform claims to deliver 65% faster patching and improve security team efficiency by 44% through automated configuration management across multiple operating systems [8].

Core Insights - Rapid7 has launched exposure management capabilities, InsightCloudSec and InsightAppSec, in the new AI Agents and Tools category of AWS Marketplace, enabling organizations to secure and scale generative AI solutions [1][5] Group 1: Product Offerings - InsightCloudSec provides real-time cloud posture and risk assessment to ensure security and compliance of cloud infrastructure supporting AI/ML resources [2] - InsightAppSec offers automated testing and attack simulation for large language models (LLMs) in web applications, helping to identify and prioritize vulnerabilities in AI solutions [2][3] Group 2: Strategic Importance - The combination of Rapid7's expertise in cloud and threat management with AWS's scale allows customers to enforce policies, monitor usage, and reduce risks throughout the AI development lifecycle [3] - InsightCloudSec and InsightAppSec are integral to Rapid7's Exposure Command offering, which helps organizations detect and prioritize exposures from endpoints to cloud [3] Group 3: Compliance and Control - The offerings provide visibility into user access across the organization, enabling the right-sizing of permissions according to least privilege access (LPA) [4] - Organizational policies based on Rapid7's AI/ML security best practices assist teams in implementing controls and enforcing compliance during the development of generative AI applications [4] Group 4: Procurement Efficiency - The introduction of AI Agents and Tools in AWS Marketplace streamlines the procurement process, reducing the time required for vendor evaluations and negotiations [5] - Centralized purchasing through AWS accounts allows customers to maintain visibility and control over licensing, payments, and access [5]

Core Insights - Rapid7 has been recognized as a Leader in the Frost Radar™ for Managed Detection and Response (MDR), highlighting its deep integration between MDR and exposure management, which enhances visibility and innovation in AI-powered Security Operations Centers (SOCs) [1][2][3] Group 1: MDR Service Features - Rapid7's MDR service includes 24/7 threat monitoring, unlimited incident response, proactive threat hunting, and active remediation, all delivered through a transparent platform [2][4] - The service is noted for its ability to provide deep visibility and third-party telemetry across various environments, including endpoint, network, cloud, and identities, tailored to each organization's needs [2][3] - AI automation is utilized for alert triage, achieving a market-leading accuracy of 99.93%, which saves over 200 SOC hours per week [2][3] Group 2: Strategic Focus and Innovation - Rapid7 emphasizes a unified platform approach that integrates managed services, automation, and visibility, evolving MDR in line with proactive and preventive strategies within Continuous Threat Exposure Management (CTEM) [3][4] - The company is committed to transparency, customer trust, and continuous innovation, which are key factors in its recognition as a leader in the MDR market [3][4] - Rapid7's global SOC enhances detection and response capabilities, enabling organizations to quickly identify and mitigate attacks [4] Group 3: Company Overview - Rapid7, Inc. aims to create a safer digital world by simplifying cybersecurity and making it more accessible, serving over 11,000 global customers [5] - The company provides comprehensive security solutions that integrate cloud risk management with threat detection and response, focusing on reducing attack surfaces and eliminating threats efficiently [5][6]

Core Viewpoint - Rapid7, Inc. will release its second quarter 2025 financial results on August 7, 2025, after market close, followed by a conference call to discuss the results and business outlook [1] Group 1: Financial Results Announcement - The financial results for Q2 2025 will be announced on August 7, 2025, after the financial markets close [1] - A conference call will be held on the same day at 4:30 p.m. Eastern Time to discuss the results and business outlook [1] Group 2: Access to Information - A live webcast of the conference call and the financial results press release will be available on the Rapid7 investor relations website [2] - A replay of the webcast will also be accessible on the investor relations website [2] Group 3: Company Overview - Rapid7, Inc. is focused on creating a safer digital world by simplifying and making cybersecurity more accessible [3] - The company provides comprehensive security solutions to over 11,000 global customers, helping them manage cloud risk and threat detection [3]

Core Insights - Rapid7 has integrated agentic AI workflows into its next-gen SIEM and XDR platform to enhance managed detection and response (MDR) capabilities, allowing SOC analysts to focus on higher-impact activities [1][2] - The new AI workflows improve alert triage accuracy to 99.93%, saving over 200 SOC hours per week, addressing the need for scalability and speed in the evolving threat landscape [2][3] Group 1: AI Integration and Impact - Agentic AI autonomously performs foundational investigative tasks, enabling faster and more efficient threat analysis, which shortens investigation cycles and enhances problem-solving capabilities [1][4] - The workflows are designed based on playbooks from Rapid7's SOC experts, ensuring that the AI is trained on real-world applications to deliver actionable insights [3][4] Group 2: Strategic Decision-Making - The implementation of agentic AI workflows is aimed at optimizing human decision-making by providing relevant information and context, which allows organizations to respond swiftly to AI-enabled threats [4][6] - Successful AI deployment in cybersecurity requires a thoughtful approach, including data classification and disciplined workflows, which Rapid7 has incorporated into its AI processes [4][6] Group 3: Company Overview and Mission - Rapid7 is committed to creating a safer digital world by simplifying cybersecurity and making it more accessible, serving over 11,000 global customers [6][7] - The company focuses on uniting cloud risk management with threat detection to enhance security postures against sophisticated AI attackers [6][7]

Rapid7 (RPD) FY Conference June 03, 2025 02:20 PM ET Speaker0 With that, I'll hand it over to Corey for a quick overview of the company, after which we'll have a fireside chat. Corey? Speaker1 Yep. A short overview of the company. But no, I want thank you all for coming today. Rapid7 is a cybersecurity company that's focused on helping organizations scale their security operations programs. Our observation on the market within it for a long time is that more and more companies are going be responsible for a ...

Core Insights - Rapid7, Inc. is a leader in extended risk and threat detection, focusing on creating a safer digital world through simplified cybersecurity solutions [2] Company Overview - Rapid7 empowers security professionals to manage modern attack surfaces with best-in-class technology and strategic expertise, serving over 11,000 global customers [2] - The company's comprehensive security solutions integrate cloud risk management and threat detection to effectively reduce attack surfaces and eliminate threats [2] Upcoming Events - Rapid7 will present at the William Blair 45th Annual Growth Stock Conference in Chicago, IL on June 3, 2025, at 1:20 p.m. Central Time [3] - The company will also participate in the Stifel 2025 Cross Sector 1x1 Conference in Boston, MA on June 4, 2025 [3] - Additionally, Rapid7 will attend the Mizuho 2025 Technology Conference in New York, NY on June 10, 2025 [3]

Core Insights - Rapid7 reported revenue of $210.25 million for the quarter ended March 2025, reflecting a 2.5% increase year-over-year and a surprise of +1.14% over the Zacks Consensus Estimate of $207.89 million [1] - The company's EPS was $0.49, down from $0.55 in the same quarter last year, but exceeded the consensus estimate of $0.35 by +40.00% [1] Financial Performance Metrics - Annualized recurring revenue (ARR) was reported at $837.22 million, slightly below the average estimate of $840.83 million [4] - The number of customers reached 11,685, surpassing the average estimate of 11,631 [4] - ARR per customer was $71,600, which is lower than the average estimate of $72,342.91 [4] - Revenue from professional services was $6.32 million, below the average estimate of $6.80 million, representing a year-over-year decline of -22.8% [4] - Product revenue was $203.94 million, exceeding the average estimate of $202.25 million, with a year-over-year increase of +3.6% [4] - Non-GAAP gross profit from professional services was $1.74 million, above the average estimate of $1.55 million [4] - Non-GAAP gross profit from products was $155.72 million, compared to the average estimate of $152.07 million [4] Stock Performance - Rapid7 shares have returned +6.7% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Company Performance - Rapid7 reported quarterly earnings of $0.49 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, but down from $0.55 per share a year ago, representing an earnings surprise of 40% [1] - The company posted revenues of $210.25 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.14% and up from $205.1 million year-over-year [2] - Over the last four quarters, Rapid7 has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - Rapid7 shares have declined approximately 37.5% since the beginning of the year, compared to a decline of 3.8% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $214.54 million, and for the current fiscal year, it is $1.78 on revenues of $865.36 million [7] - The estimate revisions trend for Rapid7 is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which Rapid7 belongs, is currently in the top 39% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]