908 Devices Q2 2024 GAAP EPS $(0.37) Misses $(0.34) Estimate, Sales $14.047M Beat $13.529M Estimate
Portfolio Pulse from Benzinga Newsdesk
908 Devices (NASDAQ:MASS) reported Q2 2024 GAAP EPS of $(0.37), missing the $(0.34) estimate, but sales of $14.047M beat the $13.529M estimate, marking a 16.15% increase from last year.
August 06, 2024 | 11:00 am
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908 Devices reported a Q2 2024 GAAP EPS of $(0.37), missing the $(0.34) estimate, but sales of $14.047M beat the $13.529M estimate, showing a 16.15% increase from last year.
The mixed earnings report, with an EPS miss but a sales beat and significant YoY growth, is likely to result in a neutral short-term impact on the stock price. Investors may weigh the negative EPS against the positive sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100