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Stock impact report

Rapid Micro Biosystems Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Guidance [Yahoo! Finance]

Rapid Micro Biosystems, Inc. - Class A (RPID) 
Company Research Source: Yahoo! Finance
Reports revenue of $22.5 million , representing growth compared to 2022 Delivered recurring revenue of $13.5 million , representing growth compared to 2022 Provides 2024 revenue guidance of at least $27.0 million, representing at least 20% growth compared to 2023 LOWELL, Mass., March 01, 2024 (GLOBE NEWSWIRE) -- Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Recent Highlights Strong fourth quarter 2023 revenue growth of 45% compared to the fourth quarter of 2022. Placed six Growth Direct systems in the fourth quarter; highest placements since the third quarter of 2021. Growth Direct systems now placed with 100% of commercially approved CAR-T therapy manufacturers. Announced e Show less Read more
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