Rapid Micro Biosystems: Q4 Earnings Insights
$RPID
Biotechnology: Laboratory Analytical Instruments
Industrials
Rapid Micro Biosystems (NASDAQ: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.