908 Devices Past Earnings Performance
Past criteria checks 0/6
908 Devices's earnings have been declining at an average annual rate of -31.3%, while the Electronic industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 19.6% per year.
Key information
-31.3%
Earnings growth rate
15.6%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | 19.6% |
| Return on equity | -45.9% |
| Net Margin | -109.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Earnings Update: 908 Devices Inc. (NASDAQ:MASS) Just Reported And Analysts Are Trimming Their Forecasts
Nov 15
908 Devices: Key Investor Now Selling
Sep 08Why We're Not Concerned Yet About 908 Devices Inc.'s (NASDAQ:MASS) 29% Share Price Plunge
Aug 16We Think 908 Devices (NASDAQ:MASS) Can Afford To Drive Business Growth
Mar 30Investors Appear Satisfied With 908 Devices Inc.'s (NASDAQ:MASS) Prospects
Dec 18908 Devices Q2 2022 Earnings Preview
Aug 08908 Devices Aims For Broadened Footprint
Feb 02Revenue & Expenses Breakdown
How 908 Devices makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 55 | -60 | 52 | 24 |
| 30 Jun 24 | 53 | -38 | 50 | 23 |
| 31 Mar 24 | 51 | -35 | 46 | 22 |
| 31 Dec 23 | 50 | -36 | 46 | 22 |
| 30 Sep 23 | 48 | -39 | 46 | 21 |
| 30 Jun 23 | 49 | -38 | 46 | 20 |
| 31 Mar 23 | 48 | -37 | 46 | 19 |
| 31 Dec 22 | 47 | -34 | 44 | 18 |
| 30 Sep 22 | 51 | -27 | 43 | 17 |
| 30 Jun 22 | 48 | -26 | 40 | 15 |
| 31 Mar 22 | 45 | -25 | 36 | 14 |
| 31 Dec 21 | 42 | -22 | 32 | 13 |
| 30 Sep 21 | 32 | -29 | 26 | 12 |
| 30 Jun 21 | 26 | -26 | 20 | 10 |
| 31 Mar 21 | 28 | -18 | 16 | 9 |
| 31 Dec 20 | 27 | -13 | 13 | 8 |
| 30 Sep 20 | 30 | -3 | 11 | 8 |
| 30 Jun 20 | 27 | -6 | 11 | 8 |
| 31 Mar 20 | 19 | -11 | 11 | 9 |
| 31 Dec 19 | 18 | -13 | 11 | 9 |
| 31 Dec 18 | 22 | -8 | 9 | 10 |
Quality Earnings: MASS is currently unprofitable.
Growing Profit Margin: MASS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MASS is unprofitable, and losses have increased over the past 5 years at a rate of 31.3% per year.
Accelerating Growth: Unable to compare MASS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MASS is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-1.8%).
Return on Equity
High ROE: MASS has a negative Return on Equity (-45.93%), as it is currently unprofitable.