earnings
confidence high
sentiment positive
materiality 0.75
908 Devices Q4 rev $15.8M (+177% YoY); net loss $3.5M; FY22 guide $52-55M
908 Devices Inc.
- Full-year 2021 revenue $42.2M (+57% YoY); net loss $22.2M ($0.79 loss per share).
- Q4 gross margin improved to 58% from 49%; installed base expanded to 1,935 devices.
- Cash $224M at year-end; debt outstanding $15M.
- FY 2022 revenue outlook $52M-$55M, representing 23%-30% growth over FY 2021.
- Commercial traction with all top 20 biopharma; Tony Hunt (Repligen CEO) added to board.