908 Devices Inc. reports results for the quarter ended in June - Earnings Summary

908 Devices

09/08/2022 14:32

* 908 Devices Inc.  MASS.OQ  reported a quarterly adjusted
loss
of 26 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 27 cents per share.
    * Revenue rose 34.2% to $11.11 million from a year ago;
analysts
expected $10.79 million. 
    * 908 Devices Inc.'s reported EPS for the quarter was a loss
of 26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * 908 Devices Inc. shares had risen by 4.0% this quarter and
lost 17.2% so far this year.
    * The company reported a quarterly loss of $8.1 million.
    * Wall Street's median 12-month price target for 908 Devices
Inc.
is $26.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.27          -0.26          Beat
 Mar. 31 2022      -0.31          -0.30          Beat
 Dec. 31 2021      -0.18          -0.12          Beat
 Sep. 30 2021      -0.15          -0.19          Missed