Rapid Micro Biosystems Inc reports results for the quarter ended in March - Earnings Summary

Rapid Micro Biosystems

05/05/2023 14:32

* Rapid Micro Biosystems Inc  RPID.OQ  reported a quarterly
adjusted loss of 32 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for a loss of 36 cents per share.
    * Revenue rose 21% to $5.04 million from a year ago;
analysts
expected $4.13 million. 
    * Rapid Micro Biosystems Inc's reported EPS for the quarter
was a
loss of 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Rapid Micro Biosystems Inc shares had fallen by 33.5% this
quarter and lost 23.0% so far this year.
    * The company reported a quarterly loss of $13.89 million.
    * Wall Street's median 12-month price target for Rapid Micro
Biosystems Inc is $5.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.36          -0.32          Beat
 Dec. 31 2022      -0.36          -0.39          Missed
 Sep. 30 2022      -0.37          -0.38          Missed
 Jun. 30 2022      -0.32          -0.31          Beat