908 Devices Q2 revenue $13.0M (+14% YoY); raises 2025 revenue outlook to $54-56M

908 Devices Inc.

2025-Q2 EPS reported $0.85 revenue$24,813,000

Revenue from continuing ops $13.0M (+14% YoY); recurring revenue $4.7M (+28%, 36% of total).
Adjusted gross margin 56% (down 220 bps on warranty costs); net loss from cont. ops $12.9M vs $7.6M.
Full-year 2025 revenue guidance raised to $54-56M (from $53-55M), implying 13-17% growth.
Installed base grew 27% YoY to 3,336; record XplorIR placements; launched VipIR handheld analyzer.
Restructuring reduced sq footage 44% and headcount 39%; acquired KAF Manufacturing for $2.75M in July.

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