Rapid Micro Biosystems (NASDAQ:RPID – Get Free Report) is set to issue its quarterly earnings data before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of ($0.26) per share for the quarter. Rapid Micro Biosystems has set its FY 2024 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.
Rapid Micro Biosystems (NASDAQ:RPID – Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.01). Rapid Micro Biosystems had a negative net margin of 204.22% and a negative return on equity of 45.23%. The company had revenue of $6.62 million during the quarter, compared to analyst estimates of $6.02 million. During the same quarter last year, the company earned ($0.33) EPS. 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 Up 2.8 %
Shares of NASDAQ:RPID opened at $1.11 on Thursday. The firm has a market cap of $47.63 million, a price-to-earnings ratio of -0.95 and a beta of 1.13. Rapid Micro Biosystems has a 12 month low of $0.58 and a 12 month high of $1.18. The company’s fifty day simple moving average is $0.88 and its 200 day simple moving average is $0.82.
Insider Activity
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.
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