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908 Devices (MASS)
NASDAQ:MASS
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.17Last Year’s EPS
-0.37Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -20.07%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects strong revenue growth and strategic expansion, with significant contributions from the RedWave acquisition and increased recurring revenue. However, the company faces challenges with decreased gross margins and increased operating expenses. The overall sentiment is cautiously optimistic, with positive growth indicators balanced by financial challenges.Company Guidance
During the first quarter of 2025, 908 Devices reported a revenue of $11.8 million from continuing operations, marking a 59% increase over the prior year, driven primarily by strong device sales. The company's mass spectrometry (mass spec) devices contributed to approximately 60% of this revenue, while FTIR products made up the remaining 40%. Recurring revenue rose by 54% compared to the previous year, accounting for 37% of total revenues. The adjusted EBITDA loss improved by nearly 50% year-over-year. For the full year 2025, the company reiterated its revenue guidance of $53 million to $55 million, representing an 11% to 15% increase over 2024. They also expect adjusted gross margins to rise to the mid- to high-50% range and aim for positive adjusted EBITDA by Q4 2025, with a goal of achieving cash flow positivity in 2026.Significant Revenue Growth
Revenue from continuing operations was $11.8 million, an increase of 59% over the prior-year period. This growth was driven by device sales, with mass spec devices accounting for roughly 60% of revenue and FTIR products making up the other 40%.
Recurring Revenue Increase
Recurring revenue increased 54% from the previous year and represented 37% of total revenues.
Improved Adjusted EBITDA
Adjusted EBITDA loss improved nearly 50% year-over-year in Q1 2025 compared to Q1 2024.
Strategic Orders and Partnerships
Secured a $2 million order from the Texas Department of Public Safety and additional orders from the Washington Metro Area Transit Authority and Homeland Security Investigations, indicating strong demand and expanding market presence.
Successful Integration of RedWave Technology
The acquisition of RedWave Technology has diversified the product portfolio and contributed significantly to revenue, with FTIR products accounting for 40% of Q1 revenue.
Strong Cash Position
The company ended the first quarter with $124.3 million in cash, cash equivalents, and marketable securities, supported by the $70 million cash sale of the bioprocessing portfolio.
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MASS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MASS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $5.73 | $4.65 | -18.85% |
Mar 04, 2025 | $1.98 | $3.88 | +95.96% |
Nov 12, 2024 | $3.62 | $2.92 | -19.34% |
Aug 06, 2024 | $4.63 | $4.63 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does 908 Devices (MASS) report earnings?
908 Devices (MASS) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is 908 Devices (MASS) earnings time?
908 Devices (MASS) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MASS EPS forecast?
MASS EPS forecast for the fiscal quarter 2025 (Q2) is -0.17.
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