Rapid Micro Biosystems Q3 2024 GAAP EPS $(0.26) Beats $(0.28) Estimate, Sales $7.604M Beat $6.550M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rapid Micro Biosystems (NASDAQ:RPID) reported better-than-expected Q3 2024 results with a GAAP EPS of $(0.26), beating the estimate of $(0.28), and sales of $7.604M, surpassing the $6.550M estimate. This marks a significant improvement from the previous year.
November 01, 2024 | 11:03 am
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Rapid Micro Biosystems reported Q3 2024 results that exceeded expectations, with a GAAP EPS of $(0.26) and sales of $7.604M, both beating analyst estimates. This indicates a positive trend in the company's financial performance.
The company's better-than-expected earnings and sales figures suggest improved operational performance and financial health, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100