908 Devices inc   (MASS)

revenue fall back respectably at the company in the fiscal fourth quarter of 2022

company announced fourth quarter of 2022 operating deficit of $-10.338 million

Published Mar 26 2023
Goran Soko / CSIMarket.com Contributer

microbiologist_working_in_a_biosafety_pdWeak orders caused growth in losses for the fourth quarter of 2022 earnings season, MASSs' net deficit per share increased to $-0.27 from $-0.12 where Revenue fell by -26.501 % to $11.64 million from $15.84 million a year ago.

In contrast to the Q3 revenue fell by -26.296 % from $15.80 million and surged loss from $-0.20 per share.

For the fourth quarter of 2022 earnings season 908 Devices Inc realized net loss of $-9.790 million, higher than $-3.465 million a year ago.

MASS announced loss of $-33.56 million and revenue of $46.85 million in the fiscal period 2022.

Net loss per share has widen to $-1.07 from $-0.79 in the preceding fiscal year, while revenue advanced by 11.01 % from $42.21 million a year ago.

908 Devices Inc is expected to report next financial earnings on May 09, 2023.

908 Devices Inc's ROI

908 Devices Inc's Effective Tax Rate


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