908 Devices down on downbeat 2022 sales forecast

908 Devices

14/11/2022 16:15

** 908 Devices's shares  MASS.O  fall 20.4% to $12.7 -
biggest one-day pct loss in nearly six months
    ** Medical Device maker expects to post 2022 sales between
$46 mln and $49 mln, lower than analysts' estimates of $53.5 mln
- Refinitiv IBES data
    ** Including session losses, stock lost ~50% YTD 
 (Reporting by Khushi Mandowara)
 ((Khushi.Mandowara@thomsonreuters.com;))