---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-029296"
form_type: "8-K"
ticker: "MASS"
cik: "0001555279"
company_name: "908 Devices Inc."
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:40:46.598996+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 908 Devices reports Q4 2022 revenue down 27% YoY to $11.6M; guides FY2023 rev $48-52M

## Summary
- FY2022 revenue $46.9M (+11% YoY); recurring revenue up 101% to $15.7M, representing 1/3 of total.
- Q4 2022 revenue $11.6M (-27% YoY) due to timing of $8M U.S. Army MX908 shipment in Q4 2021.
- Net loss widened: Q4 loss $9.8M ($0.31/share) vs $3.5M ($0.12/share) in Q4 2021; FY2022 net loss $33.6M.
- Cash and equivalents $188M; debt $15M; cash consumed $36M in 2022 including $14M for acquisition.
- FY2023 revenue guidance $48-52M (2-11% growth); launched MAVEN on-line device for bioprocessing.

## SEC filing metadata
- accession: 0001104659-23-029296
- form_type: 8-K
- ticker: MASS
- cik: 0001555279
- company_name: 908 Devices Inc.
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/0001104659-23-029296-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/tm238514d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-029296
- JSON: https://secwatch.observer/filing/0001104659-23-029296.json
- Plain text: https://secwatch.observer/filing/0001104659-23-029296.txt

## Key facts
- Earnings Releases
  908 Devices Inc. reported three months ended December 31, 2022 results: revenue $11.6 million, net income $9.8 million loss, EPS $0.31 loss per share.
  - Period: three months ended December 31, 2022
  - Revenue: $11.6 million
  - Net income: $9.8 million loss
  - EPS: $0.31 loss per share
  - Result: reported results
  source text: Revenue was $11.6 million for the three months ended December 31, 2022, a 27% decline over the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/0001104659-23-029296-index.htm
- Earnings Releases
  908 Devices Inc. reported full year 2023 results: revenue $48 million to $52 million. Guidance initiated.
  - Period: full year 2023
  - Revenue: $48 million to $52 million
  - Guidance: initiated
  - Result: guidance update
  source text: 908 Devices expects full year 2023 revenue to be in the range of $48 million to $52 million, representing 2% to 11% growth over full year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/0001104659-23-029296-index.htm
- Earnings Releases
  908 Devices Inc. reported year ended December 31, 2022 results: revenue $46.9 million, net income $33.6 million loss, EPS $1.07 loss per share.
  - Period: year ended December 31, 2022
  - Revenue: $46.9 million
  - Net income: $33.6 million loss
  - EPS: $1.07 loss per share
  - Result: reported results
  source text: Revenue was $46.9 million for the year ended December 31, 2022, a 11% increase over the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/0001104659-23-029296-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.