Rapid Micro Biosystems: Q4 Earnings Insights

Rapid Micro Biosystems RPID reported its Q4 earnings results on Friday, March 1, 2024 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Rapid Micro Biosystems beat estimated earnings by 13.0%, reporting an EPS of $-0.26 versus an estimate of $-0.3.

Revenue was up $1.96 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 7.000000000000001% increase in the share price the next day.

Here's a look at Rapid Micro Biosystems's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.31 -0.36 -0.36 -0.36
EPS Actual -0.31 -0.33 -0.32 -0.39
Revenue Estimate 5.55M 4.23M 4.13M 4.50M
Revenue Actual 6.14M 5.00M 5.04M 4.37M

To track all earnings releases for Rapid Micro Biosystems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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