908 Devices Inc. expected to post a loss of 35 cents a share - Earnings Preview

908 Devices

28/02/2025 14:13

908 Devices Inc. MASS.OQ MASS.O is expected to show a rise in quarterly revenue when it reports  results on March 3 (estimated) for the period ending December 31 2024

The Boston Massachusetts-based  company is expected to report a 14.2% increase in revenue to $16.386 million from $14.35 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on January 14 2025, for the period ended December 31, was for revenue of $17.200 million.

​LSEG's mean analyst estimate for 908 Devices Inc. is for a loss of 35 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "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 $6.00​, above​ its last closing price of $2.07. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.28
-0.28
0.04
Beat
114.2
Jun. 30 2024
-0.33
-0.33
-0.31
Beat
7.2
Mar. 31 2024
-0.35
-0.36
-0.33
Beat
8.8​
Dec. 31 2023
-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. 31 2023
-0.36
-0.35
-0.39
Missed
-12.7
Dec. 31 2022
-0.28
-0.26
-0.31
Missed
-20.2

This summary was machine generated February 28 at 14:13 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)