StartupsSiliconANGLEabout 2 hours ago
Rapid7 beats estimates, cuts 12% of staff
1 min read
Rapid7 Inc. shares rose over 8% after beating Q2 estimates with adjusted earnings of 44 cents per share on $210.9 million revenue. The cybersecurity firm will cut roughly 310 jobs, costing $10-11 million, and raised its full-year profit outlook.
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