Rapid Micro Biosystems (RPID) Scheduled to Post Earnings on Friday

Rapid Micro Biosystems (NASDAQ:RPID) is set to release its earnings data before the market opens on Friday, May 3rd. Analysts expect Rapid Micro Biosystems to post earnings of ($0.28) per share for the quarter. Rapid Micro Biosystems has set its FY 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

Rapid Micro Biosystems (NASDAQ:RPID) last issued its quarterly earnings results on Friday, March 1st. The company reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.05. Rapid Micro Biosystems had a negative net margin of 232.99% and a negative return on equity of 39.02%. The business had revenue of $6.34 million during the quarter, compared to the consensus estimate of $6.30 million. During the same period in the previous year, the firm posted ($0.39) earnings per share. On average, analysts expect Rapid Micro Biosystems to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Rapid Micro Biosystems Stock Performance

RPID opened at $0.93 on Thursday. The company’s 50 day simple moving average is $0.97 and its 200 day simple moving average is $0.98. Rapid Micro Biosystems has a 1 year low of $0.74 and a 1 year high of $1.19. The stock has a market capitalization of $39.53 million, a PE ratio of -0.76 and a beta of 1.25.

About Rapid Micro Biosystems

Rapid Micro Biosystems, Inc, a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in the United States, Germany, Switzerland, Japan, and internationally. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and customer support and validation services.