MASS Q3 2022 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$233M

Q3 2022 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$16M+25.9% YoY

Gross Profit

$9M59.1% margin

Operating Income

-$7M-45.3% margin

Net Income

-$6M-39.6% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

+42.2%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$249M

Total Liabilities

$53M

Stockholders' Equity

$197M

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$13M	+25.9%
Gross Profit	$9M	$7M	+37.1%
Operating Income	-$7M	-$5M	-35.6%
Net Income	-$6M	-$5M	-20.7%

Revenue Segments

Product and service revenue

$11M41%

Device sales

$11M41%

Consumables and service

$4M17%

License and contract revenue

$360,0001%

Geographic Segments

Europe, Middle East and Africa

$2M100%