908 Devices Inc. expected to post a loss of 28 cents a share - Earnings Preview

Reuters
2024-11-09

* 908 Devices Inc. is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

* The Boston Massachusetts-based company is expected to report a 28.2% increase in revenue to $18.333 million from $14.3 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 28 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 $13.00​, above​ its last closing price of $3.64. ​​​

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. -0.35 -0.35 -0.29 Beat 16.7

30 2023

Mar. 31 2023 -0.36 -0.35 -0.39 Missed -12.7​

Dec. 31 2022 -0.28 -0.26 -0.31 Missed -20.2

Sep. 30 2022 -0.19 -0.22 -0.20 Beat 9.1

This summary was machine generated November 8 at 16:15 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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