Rapid7 Stock: Job Cuts Drive Price

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  "signal_type": "news",
  "signal_subtype": "has_earnings",
  "detected_at": "2026-08-11T16:54:56+00:00",
  "company": {
    "name": "Rapid7",
    "domain": "rapid7.com"
  },
  "data": {
    "url": "https://www.ad-hoc-news.de/boerse/news/unternehmensnachrichten/rapid7-aktie-stellenabbau-treibt-kurs/69937828",
    "title": "Rapid7 Stock: Job Cuts Drive Price - AD HOC NEWS",
    "excerpt": "A quarterly report, job cuts, and a share price jump of around nine percent in after-hours trading - a lot is currently coming together at Rapid7. The cybersecurity provider reported figures on Monday evening that significantly exceeded consensus, and simultaneously announced a deep cut in its workforce. Adjusted earnings per share were 0.44 dollars, approximately 26 percent above the analyst estimate of 0.35 dollars. Revenue climbed to 210.9 million dollars, slightly above the expected 208.2 million. The catch: Revenue fell by 1.5 percent year-over-year, and annualized recurring revenue (ARR) decreased by 2.0 percent to 824 million dollars. The board has decided on job cuts of approximately 12 percent of the workforce. The goal is an operating margin of 20 percent on a non-GAAP basis by the fourth quarter - up from 13.7 percent in the past quarter. For the restructuring, the company estimates costs of 10 to 11 million dollars, which are largely expected to be incurred in the third and fourth quarters. CEO Wael Mohamed, who only took over the position about 70 days ago, described the measure as a targeted realignment rather than a pure cost-cutting exercise. The company intends to focus more strongly on its core products Detection and Response and Exposure Command in the future - the latter is internally considered a weakness with room for improvement. Marginal products...",
    "summary": "Rapid7 reported adjusted earnings per share of $0.44 for the quarter, exceeding analyst estimates.",
    "planning": false,
    "image_url": "https://mdb.ad-hoc-news.de/bild/bild-2750504_1920_1080.webp",
    "confidence": 0.9,
    "published_at": "2026-08-11T16:54:56Z",
    "article_sentence": "Adjusted earnings per share were 0.44 dollars, approximately 26 percent above the analyst estimate of 0.35 dollars."
  }
}

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  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"rapid7.com","limit":20}'