908 Devices Q2 2025 Earnings: Revenue Surpasses Estimates at $13M, EPS Misses at -$0.21

Wednesday, Aug 6, 2025 2:36 am ET1min read

908 Devices Inc reported Q2 2025 revenue of $13.0M, exceeding analyst estimates, but missed EPS estimates at -$0.21. The company's revenue growth was driven by an increase in handheld product and service revenue, with recurring revenue rising 28% YoY to $4.7M. Despite this growth, 908 Devices Inc faced challenges, including a net loss from continuing operations of $12.9M. The company has raised its full-year revenue guidance to $54M to $56M.

908 Devices Inc. (Nasdaq: MASS) has reported its financial results for the second quarter of 2025, showcasing a robust revenue growth while facing operational challenges. The company's revenue for the quarter ended June 30, 2025, was $13.0 million, exceeding analyst estimates but falling short of earnings per share (EPS) projections. The company's revenue growth was driven by a 14% increase in total revenue and a 28% year-over-year (YoY) increase in recurring revenue to $4.7 million, which accounted for 36% of total revenues in the quarter [1].

Despite the revenue growth, 908 Devices Inc. reported a net loss from continuing operations of $12.9 million for the second quarter of 2025, compared to a net loss of $7.6 million in the same period last year. The company attributed the loss to an increase in warranty costs, facility shutdown, and restructuring costs, among other factors [1].

Kevin J. Knopp, CEO and Co-founder of 908 Devices Inc., expressed confidence in the company's ability to hit its revenue and adjusted EBITDA targets for 2025. He highlighted the successful launch of VipIR, a 3-in-1 handheld chemical analyzer, and the completion of manufacturing consolidation in Danbury, Connecticut [1].

The company has raised its full-year revenue guidance to $54 million to $56 million, representing a 13% to 17% growth compared to 2024 revenue from continuing operations. This revised outlook reflects an improving funding landscape in the U.S. and globally, setting a durable foundation for long-term growth and expanding demand for the company's handheld solutions [1].

908 Devices Inc. will host a conference call to discuss the second quarter 2025 financial results before the market opens on Tuesday, August 5, 2025, at 5:30 am Pacific Time / 8:30 am Eastern Time. A webcast of the conference call can be accessed at [https://ir.908devices.com/news-events/events](https://ir.908devices.com/news-events/events) [1].

References:
[1] https://www.businesswire.com/news/home/20250805917693/en/908-Devices-Reports-Second-Quarter-2025-Financial-Results-and-Raises-2025-Revenue-Outlook

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