Rapid7 (RPD) reported Q1 non-GAAP net income late Monday of $0.49 per diluted share, down from $0.55 a year earlier.

Analysts polled by FactSet expected $0.34.

Revenue for the three months ended March 31 rose to $210.3 million from $205.1 million a year earlier.

Analysts surveyed by FactSet expected $208 million.

For Q2, the company expects non-GAAP EPS of $0.43 to $0.46 on revenue of $211 million to $213 million. Analysts expected EPS of $0.42 on revenue of $213.4 million.

For 2025, the company expects adjusted EPS of $1.78 to $1.91 on revenue of $853 million to $863 million. Analysts expected EPS of $1.78 on revenue of $864.6 million.