MAAT INDEX

CLAIM #66144 · Rapid7 Inc (RPD) · 2023Q4 earnings call · Feb 7, 2024 · due Dec 31, 2024

Our near-term goal is to take market share and drive growth, and our investments this year will be focused on partnerships and distribution, growing at a higher rate than our direct sales force.

Corey Thomas · CEO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
growing at a higher rate than our direct sales force
Reported
we're booking between 80% to 90% of our new ARR through the channel

In context

Corey Thomas (CEO): I would say that, look, we are in noisy markets. It's actually straightforward to tighten and focus on your installed base. I think that bias hasn't changed. We are looking to expand the installed base because our ASPs are growing, and the package consolidation is successful. Instead of forcing it, we're being very thoughtful about our distribution and how we drive that with partners. Our near-term goal is to take market share and drive growth, and our investments this year will be focused on partnerships and distribution, growing at a higher rate than our direct sales force.

Verify independently

SEC filings for RPD · Claim quote is verbatim from the 2023Q4 earnings call.