Fast Radius (FSRD) Set to Announce Earnings on Thursday

Fast Radius (NASDAQ:FSRD – Get Rating) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, August 11th. Fast Radius has set its FY 2022 guidance at EPS.

Fast Radius (NASDAQ:FSRD – Get Rating) last issued its earnings results on Thursday, May 12th. The company reported ($0.73) earnings per share for the quarter. The business had revenue of $6.26 million during the quarter.

Fast Radius Trading Up 2.2 %

Shares of NASDAQ FSRD opened at $0.59 on Thursday. Fast Radius has a 1-year low of $0.36 and a 1-year high of $10.01. The stock has a fifty day moving average of $0.55.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FSRD. Vanguard Group Inc. bought a new position in Fast Radius during the first quarter valued at about $58,000. Northern Trust Corp bought a new position in Fast Radius during the first quarter valued at about $53,000. Cresset Asset Management LLC bought a new position in Fast Radius during the first quarter valued at about $84,000. State Street Corp acquired a new position in shares of Fast Radius in the 1st quarter valued at $68,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Fast Radius in the 1st quarter valued at $1,507,000. Institutional investors own 37.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC decreased their price target on Fast Radius to $3.00 and set a “na” rating for the company in a research note on Monday, May 16th.

Fast Radius Company Profile

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Fast Radius, Inc operates as a cloud manufacturing and digital supply chain company. Its Cloud Manufacturing Platform supports engineers, product developers, and supply chain professionals in various stages of product design and manufacturing, including design, make, and fulfill. It offers a range of manufacturing technologies, including additive manufacturing, computer numerically controlled machining, injection molding, sheet metal, urethane casting, and other manufacturing methods.

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