908 Operating Income from 2010 to 2024

MASS Stock  USD 2.74  0.18  7.03%   
908 Devices Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit 908 Devices generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2019-12-31
Previous Quarter
-13.6 M
Current Value
-30.2 M
Quarterly Volatility
6.8 M
 
Covid
Check 908 Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 908 Devices' main balance sheet or income statement drivers, such as Net Interest Income of 4.7 M, Depreciation And Amortization of 1.4 M or Interest Expense of 190.9 K, as well as many indicators such as Price To Sales Ratio of 6.84, Dividend Yield of 0.0 or PTB Ratio of 2.29. 908 financial statements analysis is a perfect complement when working with 908 Devices Valuation or Volatility modules.
  
Check out the analysis of 908 Devices Correlation against competitors.
For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.

Latest 908 Devices' Operating Income Growth Pattern

Below is the plot of the Operating Income of 908 Devices over the last few years. Operating Income is the amount of profit realized from 908 Devices operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of 908 Devices is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. 908 Devices' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 908 Devices' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

908 Operating Income Regression Statistics

Arithmetic Mean(14,449,273)
Coefficient Of Variation(95.03)
Mean Deviation11,070,934
Median(6,439,000)
Standard Deviation13,731,821
Sample Variance188.6T
Range36.9M
R-Value(0.78)
Mean Square Error78.3T
R-Squared0.61
Significance0.0005
Slope(2,406,981)
Total Sum of Squares2639.9T

908 Operating Income History

2024-40.6 M
2023-42.8 M
2022-35.4 M
2021-22.1 M
2020-5.8 M
2019-12.1 M

Other Fundumenentals of 908 Devices

908 Devices Operating Income component correlations

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0.970.970.9-0.96-0.890.960.860.79-0.930.90.970.980.960.950.98-0.91-0.58-0.580.63-0.58-0.54
0.810.810.9-0.77-1.00.830.840.59-0.790.680.790.850.770.880.85-0.98-0.81-0.810.87-0.81-0.76
-0.99-0.99-0.96-0.770.77-0.98-0.83-0.840.88-0.88-1.0-0.97-1.0-0.91-0.970.820.360.36-0.420.360.34
-0.82-0.82-0.89-1.00.77-0.84-0.87-0.580.78-0.68-0.8-0.86-0.78-0.9-0.860.980.770.77-0.870.770.71
0.990.980.960.83-0.98-0.840.810.85-0.880.830.980.970.980.90.97-0.87-0.41-0.410.52-0.41-0.38
0.860.840.860.84-0.83-0.870.810.58-0.690.780.850.880.840.940.88-0.89-0.52-0.520.66-0.52-0.46
0.830.810.790.59-0.84-0.580.850.58-0.670.790.840.750.850.630.75-0.57-0.26-0.260.27-0.26-0.25
-0.88-0.92-0.93-0.790.880.78-0.88-0.69-0.67-0.88-0.88-0.92-0.87-0.88-0.920.790.50.5-0.610.50.45
0.880.890.90.68-0.88-0.680.830.780.79-0.880.890.880.890.860.88-0.67-0.39-0.390.5-0.39-0.34
1.00.990.970.79-1.0-0.80.980.850.84-0.880.890.981.00.920.98-0.84-0.37-0.370.46-0.37-0.34
0.990.990.980.85-0.97-0.860.970.880.75-0.920.880.980.970.971.0-0.9-0.45-0.450.6-0.45-0.39
1.00.990.960.77-1.0-0.780.980.840.85-0.870.891.00.970.910.97-0.82-0.36-0.360.44-0.36-0.33
0.940.940.950.88-0.91-0.90.90.940.63-0.880.860.920.970.910.97-0.92-0.51-0.510.7-0.51-0.44
0.990.990.980.85-0.97-0.860.970.880.75-0.920.880.981.00.970.97-0.9-0.45-0.450.6-0.45-0.39
-0.86-0.85-0.91-0.980.820.98-0.87-0.89-0.570.79-0.67-0.84-0.9-0.82-0.92-0.90.710.71-0.790.710.66
-0.39-0.38-0.58-0.810.360.77-0.41-0.52-0.260.5-0.39-0.37-0.45-0.36-0.51-0.450.711.0-0.831.00.99
-0.39-0.38-0.58-0.810.360.77-0.41-0.52-0.260.5-0.39-0.37-0.45-0.36-0.51-0.450.711.0-0.831.00.99
0.50.510.630.87-0.42-0.870.520.660.27-0.610.50.460.60.440.70.6-0.79-0.83-0.83-0.83-0.73
-0.39-0.38-0.58-0.810.360.77-0.41-0.52-0.260.5-0.39-0.37-0.45-0.36-0.51-0.450.711.01.0-0.830.99
-0.35-0.34-0.54-0.760.340.71-0.38-0.46-0.250.45-0.34-0.34-0.39-0.33-0.44-0.390.660.990.99-0.730.99
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About 908 Devices Financial Statements

908 Devices shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although 908 Devices investors may analyze each financial statement separately, they are all interrelated. The changes in 908 Devices' assets and liabilities, for example, are also reflected in the revenues and expenses on on 908 Devices' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income-42.8 M-40.6 M
Non Operating Income Net Other2.2 M1.3 M

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Additional Tools for 908 Stock Analysis

When running 908 Devices' price analysis, check to measure 908 Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.