04:33 AM EDT, 08/07/2024 (MT Newswires) -- Rapid7 ( RPD ) reported Q2 adjusted earnings late Tuesday of $0.58 per diluted share, up from $0.18 a year earlier.

Analysts polled by Capital IQ expected $0.52.

Revenue for the quarter ended June 30 was $208 million, compared with $190.4 million a year earlier.

Analysts surveyed by Capital IQ expected $204.1 million.

For Q3, the company expects adjusted EPS of $0.50 to $0.53 on revenue of $209 million to $211 million. Analysts surveyed by Capital IQ expect adjusted EPS of $0.52 on revenue of $209.8 million.

The company narrowed its 2024 adjusted EPS guidance to $2.15 to $2.20 from $2.10 to $2.21, and said it now expects revenue for the year of $833 million to $837 million, compared with $830 million to $836 million previously. Analysts polled by Capital IQ expect adjusted EPS of $2.17 on revenue of $834.8 million.

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