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MASS 908 Devices News Story

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908 Devices Inc. expected to post a loss of 33 cents a share - Earnings Preview

* 908 Devices Inc.  MASS.OQ   MASS.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 6 for
the period ending June 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
11.9% increase in revenue to $13.529 million from $12.09 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for 908 Devices Inc. is for
a loss
of 33 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for 908 Devices
Inc.
is $15.00​, above​ its last closing price of $5.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.35       -0.36      -0.33     Beat    8.8
 Dec. 31 2024  -0.27       -0.26      -0.23     Beat    12.9
 Sep. 30 2023  -0.31       -0.30      -0.22     Beat    27.2​
 Jun. 30 2023  -0.35       -0.35      -0.29     Beat    16.7
 ​​Mar.        -0.36       -0.35      -0.39     Missed  -12.7
 31 2023                                                
 Dec. 31 2022  -0.28       -0.26      -0.31     Missed  -20.2​
 Sep. 30 2022  -0.19       -0.22      -0.20     Beat    9.1
 Jun. 30 2022  -0.28       -0.27      -0.26     Beat    2.8
 This summary was machine generated August 2 at 17:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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