earnings
confidence high
sentiment neutral
materiality 0.50
Rapid Micro Biosystems prelim FY2022 revenue $17.0-17.2M; Q4 $4.2-4.4M; cash $140M
RAPID MICRO BIOSYSTEMS, INC.
2022-FY EPS reported
-$1.43
revenue$17,133,000
- FY2022 commercial revenue expected $17.0-17.2M; Q4 revenue $4.2-4.4M, in line with expectations.
- Placed 9 new Growth Direct systems and completed validation of 19 systems in FY2022.
- Ended 2022 with ~$140M cash and investments, providing runway at least into 2026.
- Added new global Top 20 pharma customer in U.S. and large pharma customer in Japan.
- Launched RMBNucleus Mold Alarm software; to present at J.P. Morgan Healthcare Conference Jan 12.