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

908 Devices

09/05/2023 14:33

* 908 Devices Inc.  MASS.OQ  reported a quarterly adjusted
loss
of 39 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 36 cents per share.
    * Revenue rose 14.2% to $9.49 million from a year ago;
analysts
expected $8.65 million. 
    * 908 Devices Inc.'s reported EPS for the quarter was a loss
of 39
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.8%
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 fallen by 17.0% this
quarter and
lost 6.3% so far this year.
    * The company reported a quarterly loss of $12.53 million.
    * Wall Street's median 12-month price target for 908 Devices
Inc.
is $17.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.36          -0.39          Missed
 Dec. 31 2022      -0.26          -0.31          Missed
 Sep. 30 2022      -0.22          -0.20          Beat
 Jun. 30 2022      -0.27          -0.26          Beat