Rapid Micro Biosystems, Inc. (RPID), a life sciences technology company, Friday announced that net loss narrowed in the fourth quarter, compared with the previous year.
Shares of Rapid Micro are dropping in the pre-market trading.
In the fourth quarter, net loss narrowed to $9.66 million from $11.16 million last year.
Loss per share were $0.22 versus $0.26 prior year.
Analysts, on average, had expected loss $0.22 per share. Analysts' estimates typically exclude special items.
Revenue for the quarter increased 30 percent to $8.22 million from $6.34 million in the previous year's quarter.
Full year 2025, the company expects to generate at least $32 million in revenue.
In the pre-market trading, Rapid Micro is 5.43% lesser at $3.33 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.