908 Devices Q4 Revenue Likely Grows, Tops Forecasts -- Shares Rally in Late Session-February 2024-www.financetom.com

908 Devices Q4 Revenue Likely Grows, Tops Forecasts -- Shares Rally in Late Session

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908 Devices Q4 Revenue Likely Grows, Tops Forecasts -- Shares Rally in Late Session

Jan 14, 2025 2:12 PM

04:54 PM EST, 01/14/2025 (MT Newswires) -- 908 Devices ( MASS ) was surging 22% in Tuesday's after-hour session after saying it likely generated around $17.2 million in revenue during Q4 2024, compared with $14.4 million a year earlier.

Analysts polled by FactSet are looking for $16.2 million.

The chemical analysis company also reported $58 million in revenue during full-year 2024, compared with $50.2 million in 2023. Analysts surveyed by FactSet are expecting $57 million.

908 finished 2024 with around $69.5 million in cash and equivalents as of Dec. 31, 2024.

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