908 Devices Reports Second Quarter 2024 Financial Results and Reiterates 2024 Revenue Outlook
908 Devices Inc. (MASS)
Company Research
Source: Business Wire
Revenue increases 16% compared to prior year, driven by newly acquired handheld products BOSTON--(BUSINESS WIRE)--908 Devices Inc. (Nasdaq: MASS), a pioneer of purpose-built handheld and desktop devices for chemical analysis, today reported financial results for the quarter ended June 30, 2024."We delivered solid execution on a multitude of fronts in the quarter, including the acquisition and integration of RedWave Technology into our company. With an expanded handheld portfolio, we are now supporting both our new and existing forensics customers more efficiently,” said Kevin J. Knopp, CEO and Co-founder. “We also maintained a strong focus on operational excellence during the quarter and have begun to see early benefits of our increasing scale.”Recent HighlightsRevenue of $14.0 million for the second quarter 2024, increasing 16% compared to the second quarter 2023Handheld revenue was $11.1 million, increasing 26% year over yearDesktop revenue was $2.9 million, decreasing 9% year ov
Show less
Read more
Impact Snapshot
Event Time:
MASS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MASS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MASS alerts
High impacting 908 Devices Inc. news events
Weekly update
A roundup of the hottest topics
MASS
News
- 908 Devices Inc. (NASDAQ:MASS) is favoured by institutional owners who hold 57% of the company [Yahoo! Finance]Yahoo! Finance
- 908 Devices: Key Investor Now Selling [Seeking Alpha]Seeking Alpha
- Mass Spectrometry Market to Grow by USD 3.52 Billion from 2024-2028, Driven by Hyphenated Technology and AI Advancements - Technavio Report [Yahoo! Finance]Yahoo! Finance
- 908 Devices to Participate in Craig-Hallum Bioprocessing ConferenceBusiness Wire
- 908 Devices GAAP EPS of -$0.37 misses by $0.03, revenue of $14B beats by $13.99B [Seeking Alpha]Seeking Alpha
MASS
Earnings
- 8/6/24 - Miss
MASS
Sec Filings
- 8/30/24 - Form 8-K
- 8/8/24 - Form 4
- 8/6/24 - Form 10-Q
- MASS's page on the SEC website