Rapid Micro Biosystems reported total revenues of $5.2 million for the fourth quarter of 2021
Rapid Micro Biosystems repor...
Subscribe to Newsletter

Rapid Micro Biosystems reported total revenues of $5.2 million for the fourth quarter of 2021

4 March 2022
3045
1 min.
6
Rapid Micro Biosystems reported total revenues of $5.2 million for the fourth quarter of 2021

The company's stock and report

US personal care manufacturer Rapid Micro Biosystems (NASDAQ: RPID) today released its financial results for the Q4 and full year 2021.

The company's shares opened at $6.09 in today's trading. However, the stock closed yesterday at US$6.10. At the time of writing at 12:32AM eastern time, the company's shares are trading at $5.78 (-5.16%).

Also, the total volume of shares bought and sold so far since the start of the trading day (Volume) is 59,765 at the time of writing. The average daily trading volume in units (Avg. Volume) is 178,367.

It is worth noting that the company's share price has declined by -22,56 % over the past five days. The highest price over the last five days was US$7.48 and the lowest was US$5.65.

Company report

Rapid Micro Biosystems (RMB) reported Q4 FY2021 revenue of US$5.2mln and commercial revenue of US$4.9mln in its report.

RMB said total revenue for FY2021 is US$23.2mln and commercial revenue of US$21.6mln.

Also, the company confirmed the commercial revenue forecast for the full year 2022 in the range of US$27mln to US$32mln.

The company's commercial revenue for the full year was US$21.6mln (+54%).

Regular commercial revenue for the full year was US$7.8mln, an increase of 100%.

RMB reported that the number of client systems increased to 116 hosted systems and 84 verified systems.

It is worth noting that as at 31 December 2021, the Company had cash, cash equivalents and investments of USD 203.5mln.

Also, Regular Commercial Revenues in the Q4 were US$2.3mln, up of 91%.

The company was founded in 2006. John Wilson is the Chief Operating Officer and Jonathan Paris, Kristine Williams, Scott White are the Vice Presidents.

Persons4 and Companies2 in the news

Chief Commercial Officer at Rapid Micro Biosystems
1 place
Vice President of Research and Development at Rapid Micro Biosystems
2 place
Chief operating officer at Rapid Micro Biosystems
3 place
Senior Vice President and General Counsel at Rapid Micro Biosystems
4 place
Nasdaq
2 place
Section:
Source foto:
jacobsschool.ucsd
Rating companies
Netflix
18 Mention
Instagram
16 Mention
X (Twitter)
11 Mention
Tesla
10 Mention
Amazon
8 Mention
TikTok
8 Mention
White House
7 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Population
8159485753
Died this year
46340735
Born this year
114006410