908 Devices Inc. MASS.OQ reported a quarterly adjusted loss of 56 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of five analysts for the quarter was for a loss of 35 cents per share. Wall Street expected results to range from -39 cents to -31 cents per share.
Revenue rose 31.1% to $18.82 million from a year ago; analysts expected $16.39 million.
908 Devices Inc.'s reported EPS for the quarter was a loss of 56 cents.
The company reported a quarterly loss of $19.45 million.
908 Devices Inc. shares had fallen by 10.0% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"
Wall Street's median 12-month price target for 908 Devices Inc. is $6.00
This summary was machine generated from LSEG data March 4 at 04:56 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | -0.35 | -0.56 | Missed |
Sep. 30 2024 | -0.28 | 0.04 | Beat |
Jun. 30 2024 | -0.33 | -0.31 | Beat |
Mar. 31 2024 | -0.36 | -0.33 | Beat |
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