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Rapid7 beats estimates, raises profit outlook and cuts 12% of staff

  • Duncan Riley--SiliconANGLE News
  • published date: 2026-08-10 22:38:44 UTC

Shares in Rapid7 Inc. were up 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 a…

Shares in Rapid7 Inc. were up 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 wo… [+4504 chars]