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MASS

908 Devices Inc.

$5.6

Earnings Summary

Revenue
$14.35Mn
Net Profits
$-7.43Mn
Net Profit Margins
-51.77%

Highlights

Revenue:

908 Devices Inc.’s revenue jumped 23.26% since last year same period to $14.35Mn in the Q4 2023. On a quarterly growth basis, 908 Devices Inc. has generated 0.38% jump in its revenue since last 3-months.

Net Profits:

908 Devices Inc.’s net profit jumped 19.63% since last year same period to $-7.43Mn in the Q4 2023. On a quarterly growth basis, 908 Devices Inc. has generated -4.74% fall in its net profits since last 3-months.

Net Profit Margins:

908 Devices Inc.’s net profit margin jumped 34.8% since last year same period to -51.77% in the Q4 2023. On a quarterly growth basis, 908 Devices Inc. has generated -4.34% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the 908 Devices Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.37
EPS Estimate Current Year
-0.37

Highlights

EPS Estimate Current Quarter:

908 Devices Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.37 - a -42.31% fall from last quarter’s estimates.

EPS Estimate Current Year:

908 Devices Inc.’s earning per share (EPS) estimates for the current year stand at -0.37.

Key Ratios

Key ratios of the 908 Devices Inc. post its Q4 2023 earnings

Earning Per Share (EPS)
-0.23
Return on Assets (ROA)
-0.12
Return on Equity (ROE)
-0.2

Highlights

Earning Per Share (EPS):

908 Devices Inc.’s earning per share (EPS) jumped 25.81% since last year same period to -0.23 in the Q4 2023. This indicates that the 908 Devices Inc. has generated 25.81% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. 908 Devices Inc.’s return on assets (ROA) stands at -0.12.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. 908 Devices Inc.’s return on equity (ROE) stands at -0.2.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-05-09
-0.35
-0.39
-11.43%
2023-08-08
-0.35
-0.29
17.14%
2023-11-07
-0.3
-0.22
26.67%
2024-03-08
-0.26
-0.23
11.54%