MASS Q3 2024 Earnings — 908 Devices Inc. Revenue & Financial Results | Market Cap Arena

MASS908 Devices Inc.

$233M

Q3 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$15M+1.6% YoY

Gross Profit

$8M53.6% margin

Operating Income

-$24M-168.7% margin

Net Income

-$29M-201.8% margin

EPS (Diluted)

$-0.84

QoQ Revenue Growth

+26.7%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$178M

Total Liabilities

$47M

Stockholders' Equity

$131M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15M	$14M	+1.6%
Gross Profit	$8M	$8M	-1.2%
Operating Income	-$24M	-$9M	-169.5%
Net Income	-$29M	-$7M	-313.0%

Revenue Segments

Product and service revenue

$17M50%

Device Sales

$11M32%

Recurring

$6M18%

Contract

$41,0000%

Geographic Segments

UNITED STATES

$14M81%

Europe, Middle East and Africa

$3M15%

Asia Pacific

$356,0002%

Americas other

$198,0001%