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CLAIM #65962 · Rapid7 Inc (RPD) · 2021Q3 earnings call · Nov 3, 2021 · due Dec 31, 2021

And I'll just reiterate for the one listed is that what we said and maintain was our expectations of the growth rate durability management to be over 10% and we think that has durability there.

Corey Thomas · CEO

PENDING
graded after results covering Dec 31, 2021 are reported

In context

Corey Thomas (CEO): Yes. And I'll just reiterate for the one listed is that what we said and maintain was our expectations of the growth rate durability management to be over 10% and we think that has durability there. We also think that from a long-term perspective, we still expect to take share in the market overall. We expect to take significant usage share in the market in terms of using vulnerability management solutions. Part of the reason that we continue to invest heavily in a market-leading VM solution from an R&D perspective is we think it's strategic to our customers. While we have parts of the business, specifically our security transformation, that are going faster, we think vulnerability is an incredibly both strategic and healthy part of our business long term. We treat it like that. We invest in it. We continue to do innovations and enhancements around it. What I would say, you'll see over time is we are indifferent to the line item distribution or allocation. What we're really, really focused on is how customers consume and then maximize the share of wallet that we talked about earlier. Again, as we move forward, our goal is to make sure that we're leading, especially in terms of usage around vulnerability management, to actually be able to continue to gain market share overall and grow our ARR per customer and the share of wallet strategically.

Verify independently

SEC filings for RPD · Claim quote is verbatim from the 2021Q3 earnings call.