Rapid Micro Biosystems (RPID) to Release Earnings on Friday

Rapid Micro Biosystems (NASDAQ:RPID) is scheduled to post its quarterly earnings results 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.Individual interested in participating in the company’s earnings conference call can do so using this link.

Rapid Micro Biosystems (NASDAQ:RPID) last released its quarterly earnings results on Friday, March 1st. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.05. Rapid Micro Biosystems had a negative return on equity of 39.02% and a negative net margin of 232.99%. The business had revenue of $6.34 million during the quarter, compared to analyst estimates of $6.30 million. During the same quarter in the previous year, the company 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

Shares of Rapid Micro Biosystems stock opened at $0.98 on Wednesday. The stock’s 50-day simple moving average is $0.97 and its 200-day simple moving average is $0.98. Rapid Micro Biosystems has a 52 week low of $0.74 and a 52 week high of $1.19.

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.