Rapid Micro Biosystems Q2 2024 GAAP EPS $(0.29), Inline, Sales $6.618M Beat $6.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rapid Micro Biosystems reported its Q2 2024 financial results with a GAAP EPS of $(0.29), which was in line with expectations. The company also reported sales of $6.618 million, beating the estimate of $6.000 million.
August 02, 2024 | 11:02 am
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Rapid Micro Biosystems reported Q2 2024 GAAP EPS of $(0.29), which was in line with expectations. The company also reported sales of $6.618 million, beating the estimate of $6.000 million.
The in-line EPS and better-than-expected sales figures are likely to have a positive short-term impact on RPID's stock price. Beating sales estimates often indicates strong operational performance, which can boost investor confidence.
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IMPORTANCE 80
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