---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-115003"
form_type: "8-K"
ticker: "MASS"
cik: "0001555279"
company_name: "908 Devices Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T15:06:00.139907+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 908 Devices Q3 revenue $14.3M (-9% YoY), net loss $7.1M; narrows 2023 outlook

## Summary
- Revenue $14.3M in Q3 2023 vs $15.7M in Q3 2022; handheld $11.7M, desktop $2.5M, recurring $3.6M.
- Net loss $7.1M ($0.22 loss per share) vs $6.3M ($0.20) a year ago.
- Gross margin 55% vs 59% on lower revenue and higher service costs.
- Cash $148M with no debt; down $5M from prior quarter.
- FY 2023 revenue guidance narrowed to $49-51M (prior $49-52M), implying 4-9% growth.

## SEC filing metadata
- accession: 0001104659-23-115003
- form_type: 8-K
- ticker: MASS
- cik: 0001555279
- company_name: 908 Devices Inc.
- filed_at: 2023-11-07T23:59:59+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/1555279/000110465923115003/0001104659-23-115003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1555279/000110465923115003/tm2329974d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-115003
- JSON: https://secwatch.observer/filing/0001104659-23-115003.json
- Plain text: https://secwatch.observer/filing/0001104659-23-115003.txt

## Key facts
- Earnings Releases
  908 Devices Inc. reported the quarter ended September 30, 2023 results: revenue $14.3 million, net income Net loss was $7.1 million, EPS $0.22. Guidance lowered.
  - Period: the quarter ended September 30, 2023
  - Revenue: $14.3 million
  - Net income: Net loss was $7.1 million
  - EPS: $0.22
  - Guidance: lowered
  - Result: reported results
  source text: term." Third Quarter 2023 Financial Highlights · Revenue of $35.9 million for the first nine months of 2023, increasing 2% compared to first nine months of 2022 · Revenue of $14.3 million for the third quarter 2023, decreasing 9% compared to the third quarter 2022 o Handheld revenue was $11.7 million o Desktop revenue was $2.5 million o Recurring revenue was $3.6
  evidence_url: https://www.sec.gov/Archives/edgar/data/1555279/000110465923115003/0001104659-23-115003-index.htm

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