RPID News & Events

Reports preliminary FY25 revenue $33.6M, consensus $33.5M. "We are pleased to report record results for the fourth quarter that exceeded our raised guidance issued in November," said Robert Spignesi, president and CEO. "For the full-year 2025, broad-based strength across systems, consumables and services delivered 20% revenue growth, including double-digit recurring revenue growth."

Consensus is for FY25 revenue $32.08M. FY25 revenue guidance assumes at least 27 Growth Direct system placements, including a meaningful contribution from the multi-system customer order discussed above in the Q4.

Reports Q3 revenue $7.83M, consensus $7.6M. Cash, cash equivalents, short-term investments, and restricted cash were approximately $42 million as of September 30. "Our Q3 results once again reflected strong and consistent execution across the business," said Robert Spignesi, President and CEO. "We delivered record consumable revenue and double-digit service growth, and system placements were in line with our expectations. Recurring revenue increased more than 30% compared to the Q3 last year."