908 Devices Reports First Quarter 2021 Financial Results and Reiterates 2021 Revenue Outlook

Go back to 908 Devices Reports First Quarter 2021 Financial Results and Reiterates 2021 Revenue Outlook

UPDATE: 908 Devices Inc. (MASS) Reports In-Line Q1 EPS, Revenues Beat; Affirms FY21 Revenues Outlook

May 13, 2021 7:13 AM EDT

(Updated - May 13, 2021 7:15 AM EDT)

908 Devices Inc. (NASDAQ: MASS) reported Q1 EPS of ($0.22), in-line with the analyst estimate of ($0.22). Revenue for the quarter came in at $5.5 million versus the consensus estimate of $4.22 million.

Recent Highlights

Q1 2021 total revenue increased 39% over prior year periodIncreased the installed base to 1,427 devices with 66 devices placed during the first quarter, double the... More