Rapid Micro Biosystems reports Q2 EPS (27c), consensus (25c)

Reports Q2 revenue $7.3M, consensus $7.03M. “Our second quarter results reflect broad-based, consistent execution across the business,” said Robert Spignesi, President and CEO. “Total revenue increased 10%, driven by an 18% increase in Service revenue. Product revenue increased by 6%, led by mid-teens growth in consumables. With continued strong customer interest in Growth Direct and meaningful progress across our broader business, we are reiterating our full-year 2025 revenue guidance. In addition, this morning we announced a new five-year, $45 million term loan facility, with $20 million funded upfront with highly favorable terms, including no financial or liquidity covenants,” continued Spignesi. “This facility significantly strengthens our financial position and reinforces our ability to achieve positive cash flow. Our strategic priorities remain unchanged, and this capital supports our continued focus on delivering significant long-term revenue growth, gross margin expansion and shareholder value.”