908 Devices Full Year 2022 Earnings: EPS Misses Expectations

908 Devices (NASDAQ:MASS) Full Year 2022 Results

Key Financial Results

• Revenue: US$46.9m (up 11% from FY 2021).
• Net loss: US$33.6m (loss widened by 51% from FY 2021).
• US$1.07 loss per share (further deteriorated from US$0.79 loss in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

908 Devices EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.5%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are up 7.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for 908 Devices you should know about.

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