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

908 Devices

04/08/2023 19:34

* 908 Devices Inc.  MASS.OQ   MASS.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 8. 
    * The Boston Massachusetts-based  company is expected to
report  a
6.5% decrease in revenue to $10.384 million from $11.11 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv'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
"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 $17​, above​ its last closing price of $6.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.36       -0.35      -0.39     Missed  -12.7
 Dec. 31 2023  -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
 ​​Mar.        -0.30       -0.31      -0.30     Beat    2.4
 31 2022                                                
 Dec. 31 2021  -0.19       -0.18      -0.12     Beat    34.2​
 Sep. 30 2021  -0.14       -0.15      -0.19     Missed  -28.8
 Jun. 30 2021  -0.21       -0.21      -0.27     Missed  -27.1
 This summary was machine generated August 4 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated