The earnings call presented a positive outlook with significant revenue growth, strategic product launches, and improved operational efficiencies. However, these positives were offset by increased operating expenses and a decline in gross margin. Despite these challenges, the company's strategic initiatives and legislative support provide a promising outlook.

Company Guidance

During the 908 Devices Second Quarter 2025 Financial Results Conference Call, the company delivered a revenue of $13 million, marking a 14% increase over the prior year. The growth was fueled by robust device sales, with mass spec devices comprising 60% of revenue, while FKR products accounted for 40%. The adjusted EBITDA loss for the quarter was $3.9 million, reflecting a 45% year-over-year improvement. The company placed 164 devices, including a record number of XplorIR units. Legislative actions in the U.S., including over $1.7 billion in grant funding, are expected to support future growth. The company also launched VipIR, a new handheld chemical analyzer, and completed strategic initiatives to enhance financial performance, aiming for adjusted EBITDA positivity by Q4 2025.

Strong Revenue Growth

Revenue from continuing operations was $13 million, an increase of 14% over the prior year period, driven by strong device sales.

Record Device Placements

Placed 164 devices in Q2, including a record number of XplorIR units, marking the highest quarterly performance for XplorIR.

Improvement in Adjusted EBITDA

Adjusted EBITDA loss was $3.9 million for the quarter, an improvement of more than 45% year-over-year and reduced by 15% quarter-over-quarter.

Legislative Support and Funding Increases

Recent U.S. legislative actions, like the One Big Beautiful Bill, increased funding for law enforcement and security initiatives, providing a favorable environment for device sales.

Launch of VipIR

Successful launch of VipIR, a new 3-in-1 handheld chemical analyzer, designed for high-stakes environments, enhancing the product portfolio.

Operational Efficiency Improvements

Completed transfer of MX908 manufacturing to a lower-cost facility and acquisition of KAF Manufacturing to enhance supply chain and margin improvement.

908 Devices (MASS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MASS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	-0.14 / -	-0.84	―	―	―
Aug 05, 2025	2025 (Q2)	-0.17 / -0.36	-0.37	2.70% (+0.01)
May 13, 2025	2025 (Q1)	-0.28 / -0.28	-0.33	15.15% (+0.05)
Mar 04, 2025	2024 (Q4)	-0.34 / -0.56	-0.23	-143.48% (-0.33)
Nov 12, 2024	2024 (Q3)	-0.28 / -0.84	-0.22	-281.82% (-0.62)
Aug 06, 2024	2024 (Q2)	-0.34 / -0.37	-0.29	-27.59% (-0.08)
Apr 30, 2024	2024 (Q1)	-0.36 / -0.33	-0.39	15.38% (+0.06)
Mar 05, 2024	2023 (Q4)	-0.26 / -0.23	-0.31	25.81% (+0.08)	―
Nov 07, 2023	2023 (Q3)	-0.30 / -0.22	-0.2	-10.00% (-0.02)	―
Aug 08, 2023	2023 (Q2)	-0.33 / -0.29	-0.26	-11.54% (-0.03)	―

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

MASS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$6.52	$6.34	-2.76%
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%

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.

FAQ

When does 908 Devices (MASS) report earnings?

908 Devices (MASS) is schdueled to report earning on Nov 18, 2025, Before Open (Confirmed).

What is 908 Devices (MASS) earnings time?

908 Devices (MASS) earnings time is at Nov 18, 2025, Before Open (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 (Q3) is -0.14.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing