Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Rapid7's financial performance in the third quarter of 2024 demonstrates both strengths and challenges in its business operations, as outlined during their earnings call.</li><li>Starting with the positive aspects, Rapid7 ended the quarter with an annual recurring revenue (ARR) of $823 million, representing a 6% year-over-year growth.</li><li>This ARR growth was primarily driven by their threat detection and response sector, which continued to show robust double-digit growth.</li></ul>

Rapid7's financial performance in the third quarter of 2024 demonstrates both strengths and challenges in its business operations, as outlined during their earnings call.Starting with the positive aspects, Rapid7 ended the quarter with an annual recurring revenue (ARR) of $823 million, representing a 6% year-over-year growth.This ARR growth was primarily driven by their threat detection and response sector, which continued to show robust double-digit growth.

Rapid7 Inc: How It Dominates with Managed Detection & Response: The Secret Weapon in Cybersecurity! - Major Drivers

<ul><li>In a pivotal development, Rapid7, a prominent cybersecurity firm valued at $2.4 billion, has entered early discussions with potential buyers, guided by investment banks Goldman Sachs and JPMorgan.</li><li>The firm, headquartered in Boston, has captured the attention of leading private equity firms like Advent, Bain Capital, and EQT, as they consider a potential acquisition.</li><li>With Jana Partners holding a 5.8% stake and advocating for a sale, Rapid7 finds itself in a favorable yet complex position.</li></ul>

In a pivotal development, Rapid7, a prominent cybersecurity firm valued at $2.4 billion, has entered early discussions with potential buyers, guided by investment banks Goldman Sachs and JPMorgan.The firm, headquartered in Boston, has captured the attention of leading private equity firms like Advent, Bain Capital, and EQT, as they consider a potential acquisition.With Jana Partners holding a 5.8% stake and advocating for a sale, Rapid7 finds itself in a favorable yet complex position.

Inside Rapid7’s Acquisition Appeal: Why Buyout Firms Are Scrambling to Buy This Cybersecurity Leader!

<ul><li>Rapid7's latest earnings for the second quarter of 2024 reveals a mixed but consistent financial and operational outlook for the company, reflecting ongoing strategic shifts and product expansions aimed at addressing contemporary IT security challenges.</li><li>The company reported an ARR (annual recurring revenue) of $816 million, aligning with expectations and marking a 9% year-over-year growth.</li><li>This growth was largely fueled by robust demand for Rapid7's direct detection and response services, highlighting increased customer prioritization of efficient security data monitoring across expansive IT landscapes.</li></ul>

Rapid7's latest earnings for the second quarter of 2024 reveals a mixed but consistent financial and operational outlook for the company, reflecting ongoing strategic shifts and product expansions aimed at addressing contemporary IT security challenges.The company reported an ARR (annual recurring revenue) of $816 million, aligning with expectations and marking a 9% year-over-year growth.This growth was largely fueled by robust demand for Rapid7's direct detection and response services, highlighting increased customer prioritization of efficient security data monitoring across expansive IT landscapes.

Rapid7 Inc.: Expanding Detection and Response Capabilities & Leveraging Artificial Intelligence To Drive Growth! - Major Drivers

<ul><li>Rapid7, under the leadership of CEO Corey Thomas and CFO Tim Adams, remains at the forefront of cybersecurity solutions focused on delivering integrated risk and security operations.</li><li>The company concluded the first quarter of 2024 with $807 million in Annual Recurring Revenue (ARR), which indicates an 11% year-over year growth.</li><li>The quarter saw steady performance in its Direct Complete offerings but noted a shortfall in ARR expectations primarily due to slower transitions in the vulnerability management (VM) base to its integrated Cloud Risk Complete offering.</li></ul>

Rapid7, under the leadership of CEO Corey Thomas and CFO Tim Adams, remains at the forefront of cybersecurity solutions focused on delivering integrated risk and security operations.The company concluded the first quarter of 2024 with $807 million in Annual Recurring Revenue (ARR), which indicates an 11% year-over year growth.The quarter saw steady performance in its Direct Complete offerings but noted a shortfall in ARR expectations primarily due to slower transitions in the vulnerability management (VM) base to its integrated Cloud Risk Complete offering.

Rapid7 Inc.: Comprehensive Security Solutions & 3 Factors Making It A Solid Acquisition Target! - Financial Forecasts

<ul><li>Rapid7 discussed its performance and future outlook in the recent call, detailing progresses and the strategic adjustments needed amid some challenges.</li><li>The company's Annual Recurring Revenue (ARR) for the first quarter was $807 million, marking an 11% year-over-year growth.</li><li>This figure was slightly below expectations due to the slow adoption of integrated risk solutions.</li></ul>

Rapid7 discussed its performance and future outlook in the recent call, detailing progresses and the strategic adjustments needed amid some challenges.The company's Annual Recurring Revenue (ARR) for the first quarter was $807 million, marking an 11% year-over-year growth.This figure was slightly below expectations due to the slow adoption of integrated risk solutions.

Rapid7 Inc.: These 4 Pivotal Factors Are Impacting Their Performance In 2024 & Beyond! - Financial Forecasts

United States

Rapid7, Inc. provides security data and analytic software solutions. The Company offers services to collect, contextualize, and analyze security data to reduce threat exposure and detect compromise in real-time.

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Rapid7 Inc (RPD US)

Rapid7 Inc: How It Dominates with Managed Detection & Response: The Secret Weapon in Cybersecurity! - Major Drivers

Rapid7's financial performance in the third quarter of 2024 demonstrates both strengths and challenges in its business operations, as outlined...

Baptista Research

Inside Rapid7’s Acquisition Appeal: Why Buyout Firms Are Scrambling to Buy This Cybersecurity Leader!

In a pivotal development, Rapid7, a prominent cybersecurity firm valued at $2.4 billion, has entered early discussions with potential buyers,...

Baptista Research

Rapid7 Inc.: Expanding Detection and Response Capabilities & Leveraging Artificial Intelligence To Drive Growth! - Major Drivers

Rapid7's latest earnings for the second quarter of 2024 reveals a mixed but consistent financial and operational outlook for the company,...

Baptista Research

Rapid7 Inc.: Comprehensive Security Solutions & 3 Factors Making It A Solid Acquisition Target! - Financial Forecasts

Rapid7, under the leadership of CEO Corey Thomas and CFO Tim Adams, remains at the forefront of cybersecurity solutions focused on delivering...

Baptista Research

Rapid7 Inc.: These 4 Pivotal Factors Are Impacting Their Performance In 2024 & Beyond! - Financial Forecasts

Rapid7 discussed its performance and future outlook in the recent call, detailing progresses and the strategic adjustments needed amid some...

Baptista Research

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