earnings
confidence high
sentiment positive
materiality 0.75
Rapid Micro Q2 commercial revenue $5.7M (+135% YoY); full-year outlook at least $24M
RAPID MICRO BIOSYSTEMS, INC.
2021-Q2 EPS reported
-$57.17
revenue$11,125,000
- Q2 total revenue $6.1M vs $2.6M YoY; net loss ($11.8M) vs ($9.3M) YoY.
- Placed 8 new systems (cumulative 103); validated 11 systems (cumulative 63).
- Sold one-millionth consumable since Growth Direct commercial launch.
- Completed IPO in July 2021: ~9M shares sold, $165.3M net proceeds; pro forma cash ~$260M.
- Full-year 2021 commercial revenue guidance: at least $24.0M (≥70% YoY growth).