908 Devices Q3 net income $4.6 million versus $7.33 million estimate
MASS•908 Devices reported Q3 net income of $4.6 million, compared with the IBES estimate of $7.33 million. Revenue was $19 million versus an $18.3 million estimate, and the company forecast FY revenue of $68.5 million to $70 million.
1. Q3 results and outlook
908 Devices reported Q3 revenue of $19 million versus the IBES estimate of $18.3 million, with gross profit of $10 million and operating expenses of $15.5 million. The company forecast FY revenue of $68.5 million to $70 million, compared with the IBES estimate of $69.1 million.
