908 Devices Inc. (MASS) Reports In-Line Q2 EPS

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Go back to 908 Devices Inc. (MASS) Reports In-Line Q2 EPS

908 Devices Reports Second Quarter 2022 Financial Results and Reiterates 2022 Revenue Outlook

August 9, 2022 7:30 AM EDT

Q2 2022 revenue increases 34% over prior year, with gross margin of 60%

BOSTON--(BUSINESS WIRE)-- 908 Devices Inc. (Nasdaq: MASS), a pioneer of purpose-built handheld and desktop mass spec devices for chemical and biomolecular analysis, today reported financial results for the quarter ended June 30, 2022.

We are pleased with our first half 2022 performance, in which our revenue grew 40%, including desktop revenue growth of 52%. I am encouraged by the continued enthusiasm we are seeing across our end markets for real-time analysis at the point-of-need, said Kevin J. Knopp, CEO and Co-founder. Excitingly, we have acquired... More