logo
908 Devices to Participate in the Canaccord Genuity 45th Annual Growth Conference

908 Devices to Participate in the Canaccord Genuity 45th Annual Growth Conference

Globe and Mail3 days ago
908 Devices Inc. (Nasdaq: MASS), a core small-cap growth company focused on purpose-built handheld chemical analysis tools for vital health, safety and defense tech applications, announced it will participate in the upcoming Canaccord Genuity 45 th Annual Growth Conference.
908 Devices' management is scheduled to present on Wednesday, August 13 at 1 p.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the 'Investors' section of the company website at: www.908devices.com.
About 908 Devices
908 Devices is revolutionizing chemical analysis with its simple handheld devices, addressing life-altering applications. The Company's devices are used at the point-of-need to interrogate unknown and invisible materials and provide quick, actionable answers in vital health, safety and defense tech applications, addressing the fentanyl and illicit drug crisis, toxic carcinogen exposure, and global security threats. The Company designs and manufactures innovative products that bring together the power of complementary analytical technologies, software automation, and machine learning. For more information, visit www.908devices.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Markel's Q2 Earnings Surpass Estimates, Premiums Rise Y/Y
Markel's Q2 Earnings Surpass Estimates, Premiums Rise Y/Y

Globe and Mail

time5 minutes ago

  • Globe and Mail

Markel's Q2 Earnings Surpass Estimates, Premiums Rise Y/Y

Markel Group Inc. MKL reported second-quarter 2025 net operating earnings per share of $25.46, which beat the Zacks Consensus Estimate by 2.9%. However, the bottom line decreased 1.9% year over year. Markel witnessed improved earned premiums and increased net investment income. Quarterly Operational Update of MKL Total operating revenues of $4 billion beat the Zacks Consensus Estimate by 0.7%. The top line increased 4.9% year over year. Earned premiums increased 3.1% year over year to $2.1 billion in the reported quarter. The figure was higher than our estimate of $2 billion. Net investment income increased 3% year over year to $230 million in the second quarter driven by a higher yield and higher average holdings of fixed maturity securities in 2025. The figure was lower than our estimate of $263.9 million. Total operating expenses increased 6.2% to $3.5 billion, owing to higher losses and loss adjustment expenses, underwriting, acquisition and insurance expenses, product expenses, services and other expenses and amortization of acquired intangible assets. MKL's combined ratio deteriorated 280 basis points (bps) year over year to 96.3 in the reported quarter. Segment Update Markel Insurance: Earned premiums increased 2.9% year over year to $2.1 billion. Total operating revenues rose 2.9% year over year to 2.1 billion. Operating income decreased 51.3% year over year to 60.3 million. The combined ratio for the reported quarter deteriorated 310 bps to 96.9 year over was primarily due to adverse development during the year on its run-off risk-managed directors and officers product lines, as well as on its Global Reinsurance division, which the company has announced is being placed into run-off. Investing: Operating income jumped 724.1% year over year to 822.4 million. This was primarily driven by higher net investment income, net investment gains and services and other revenues. Markel Ventures: Operating revenues of $1.6 billion improved 6.5% year over year, driven by the contributions from the acquisitions of Valor and EPI, as well as improved performance at the construction services businesses. Operating income of $207.8 million increased 17% year over year Financial Update Markel exited the second quarter of 2025 with cash and cash equivalents of $3.7 billion, up 0.8% from the 2024-end level. The debt balance increased 0.8% year over year to $4.4 billion as of June 30, 2025, from the 2024-end level. Shareholders' equity was $17.3 billion as of the second quarter of 2025, up 2.4% from 2024-end. Net cash provided by operating activities was $880.5 million in the first half of 2025, down 27.18% year over year, reflecting lower net premium collections. Zacks Rank Markel currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Performance of Some Other Diversified Operators Honeywell International Inc. HON reported second-quarter 2025 adjusted earnings of $2.75 per share, which surpassed the Zacks Consensus Estimate of $2.64. The bottom line increased 10% year over year on an adjusted basis. On a reported basis, the company's earnings were $2.45 per share, up 4% year over year. Total revenues of $10.35 billion beat the consensus estimate of $10.02 billion. The top line increased 8% from the year-ago quarter, driven by strength in the Aerospace Technologies segment. Organic sales increased 5% year over year. 3M Company MMM reported second-quarter 2025 results, wherein revenues and earnings surpassed the Zacks Consensus Estimate. 3M delivered adjusted earnings of $2.16 per share, which surpassed the Zacks Consensus Estimate of $2.01. The company reported earnings of $1.93 per share in the year-ago quarter. The company reported net revenues of $6.34 billion in the quarter. The metric increased 1.4% year over year. Organic sales inched up 0.6%. Foreign currency translation had a positive impact of 0.8% while acquisitions/divestitures did not have any material impact. MMM's adjusted revenues of $6.16 billion beat the consensus estimate of $6.12 billion. On an adjusted basis, organic revenues increased 1.5% year over year. Danaher Corporation 's DHR second-quarter 2025 adjusted earnings of $1.80 per share beat the Zacks Consensus Estimate of $1.64. The bottom line increased 4.7% year over year. Danaher reported net sales of $5.94 billion, which beat the consensus estimate of $5.84 billion. The metric increased 3.5% year over year, driven by impressive performance of all the segments. DHR's core sales increased 1.5% year over year in the quarter. Foreign-currency translations had a positive impact of 2%. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON): Free Stock Analysis Report 3M Company (MMM): Free Stock Analysis Report Danaher Corporation (DHR): Free Stock Analysis Report Markel Group Inc. (MKL): Free Stock Analysis Report

Should You Buy, Hold, or Sell AMD Stock Ahead of Q2 Earnings?
Should You Buy, Hold, or Sell AMD Stock Ahead of Q2 Earnings?

Globe and Mail

time5 minutes ago

  • Globe and Mail

Should You Buy, Hold, or Sell AMD Stock Ahead of Q2 Earnings?

Advanced Micro Devices AMD is set to release its second-quarter 2025 results on Aug. 5. AMD expects second-quarter 2025 revenues of $7.4 billion (+/-$300 million). At the mid-point of the revenue range, this represents year-over-year growth of approximately 27%. The Zacks Consensus Estimate for AMD's second-quarter revenues is pegged at $7.41 billion, suggesting year-over-year growth of 26.96%. The consensus mark for second-quarter earnings is pegged at 47 cents per share, unchanged over the past 30 days. The earnings estimate indicates a decline of 31.88% on a year-over-year basis. AMD beat the Zacks Consensus Estimate for earnings in all the trailing four quarters, the average surprise being 2.30%. Advanced Micro Devices, Inc. Price and EPS Surprise Advanced Micro Devices, Inc. price-eps-surprise | Advanced Micro Devices, Inc. Quote Let's see how things have shaped up for the upcoming earnings announcement. AMD's Data Center & Client Segment Revenues to Grow Y/Y AMD's second-quarter performance is expected to have benefited from growth in both its data center and client segments, driven by continued demand for its EPYC processors and Ryzen chips. The data center segment, in particular, has been a major contributor to AMD's success, and the company expects this trend to have continued in the to-be-reported quarter. AMD expects the Data Center segment's revenues to significantly increase, driven by the strong sales of its data center chips that support hyperscalers and power AI and Generative AI applications. The Zacks Consensus Estimate for second-quarter Data Center revenues is pegged at $3.31 billion, indicating an impressive year-over-year increase of 16.7%. AMD expects a double-digit percentage increase in revenues for the client and gaming segment in the to-be-reported quarter. This growth is driven by strong desktop performance, continued demand for gaming products, and the beginning of the commercial ramp, particularly in the notebook and commercial PC markets. The company is likely to see continued growth in its client business, driven by higher demand for Ryzen processors across desktop and mobile platforms. AMD's collaborations, such as the one with Dell Technologies DELL for Ryzen Pro processors in commercial PCs, are expected to have bolstered growth in this segment in the to-be-reported quarter. The Zacks Consensus Estimate for the second-quarter Client segment revenues is pegged at $2.52 billion, indicating year-over-year growth of 69.3%. Weak Embedded Segment to Hurt AMD's Q2 Results AMD's near-term prospects suffer from weakness in the Embedded segment. On a year-over-year basis, this segment's revenues are expected to remain flat in the to-be-reported quarter. The Zacks Consensus Estimate for second-quarter Embedded revenues is pegged at $818 million, indicating a 4.9% year-over-year decline. AMD Outperforms Sector & Industry Advanced Micro Devices shares have surged 45.9% in the year-to-date period, outperforming the Zacks Computer and Technology sector's growth of 11.4% and the Zacks Computer–Integrated Systems industry's rise of 31.4%. The company's shares have also outperformed its peer, Intel Corporation INTC, which is also expanding its footprint in the data center and client segments. Intel's shares have lost 1.3% in the year-to-date period. AMD Stock Performance The AMD stock is not so cheap, as its Value Score of F suggests a stretched valuation at this moment. In terms of the forward 12-month price/sales, Advanced Micro Devices is currently trading at 8.16X, higher than the Computer–Integrated Systems industry's 3.88X and Intel's 1.64X. AMD Valuation AMD Benefits From Rich Partner Base AMD benefits from a rich partner base, which includes Nokia NOK, Microsoft, Oracle, Dell Technologies, Hewlett-Packard, Lenovo, Meta Platforms, and IBM, having Instinct platforms in production. In June 2025, AMD announced that Nokia had adopted its fifth-gen EPYC 9005 Series processors for the Nokia Cloud Platform. These processors will enhance performance per watt for containerized workloads, important to 5G Core, edge, and enterprise applications. The integration supports telecom networks in meeting rising data demands while improving energy efficiency and reducing environmental impact. The demand for AI accelerators like the Instinct MI300 series, especially from hyperscalers, is expected to continue growing, further boosting data center revenues in the second quarter of 2025. In the Data Center AI business, MI300X deployment increased with cloud partners, including Meta Platforms, Microsoft, IBM, Digital Ocean, and Dell Technologies, among others. Conclusion AMD's expanding portfolio and strategic acquisitions are expected to have improved its top-line growth in the to-be-reported quarter amid weakness in the Embedded segment, and fierce competition from NVIDIA. The most significant headwind is the new export controls on MI308 shipments to China, which are expected to reduce revenues by $700 million in the second quarter of 2025. Stretched valuation is another concern. AMD currently has a Zacks Rank #3 (Hold), suggesting that it may be wise to wait for a more favorable entry point to accumulate the stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Nokia Corporation (NOK): Free Stock Analysis Report Dell Technologies Inc. (DELL): Free Stock Analysis Report

Ball Corp Set to Report Q2 Earnings: What Lies Ahead for the Stock?
Ball Corp Set to Report Q2 Earnings: What Lies Ahead for the Stock?

Globe and Mail

time5 minutes ago

  • Globe and Mail

Ball Corp Set to Report Q2 Earnings: What Lies Ahead for the Stock?

Ball Corporation BALL is scheduled to report second-quarter 2025 results on Aug. 5, before the opening bell. The Zacks Consensus Estimate for BALL's net sales is pegged at $3.15 billion, indicating 6.6% growth from the year-ago reported figure. The consensus estimate for earnings is pegged at 87 cents per share, which has moved down 1.1% in the past 60 days. The estimate indicates year-over-year growth of 17.6%. BALL's Solid Earnings Surprise History Ball Corp's earnings beat the Zacks Consensus Estimates in the trailing four quarters, the average surprise being 4.9%. What the Zacks Model Unveils for Ball Corp Our model does not conclusively predict an earnings beat for BALL this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you can see below. You can uncover the best stocks before they are reported with our Earnings ESP Filter. Earnings ESP: Ball Corp has an Earnings ESP of -0.77%. Zacks Rank: BALL currently carries a Zacks Rank of 3. Factors Likely to Have Shaped BALL's Q2 Performance Ball Corp has lately been witnessing weaker-than-expected demand as customer spending has been muted amid higher retail prices, particularly in the United States. This is likely to get reflected in BALL's second-quarter results. High input and labor costs due to supply constraints are anticipated to have impacted the company's performance. However, BALL has been focused on improving its efficiency and reducing costs, which is likely to have negated these impacts and aided its margins. Our estimate for the Beverage packaging, North and Central America segment's net sales is pegged at $1.52 billion, indicating a 3.2% year-over-year rise. We expect the segment's volume to increase 2.3% year over year. We anticipate a 14.4% year-over-year slip in the segment's operating income to $180 million. Our model predicts the Beverage Packaging, Europe segment's sales to be $923 million, indicating 4.9% growth from the year-ago quarter's reported figure. We expect volume growth of 4.3% for this segment. The segment's operating income is projected at $98 million, indicating a 13.6% year-over-year dip. We expect the Beverage Packaging, South America segment's net sales to be $448 million, indicating 6.2% growth from the year-ago period's reported level. The consensus estimate for the segment's operating income is pegged at $32 million, indicating a 12.8% dip from the year-ago quarter's actual. Our model predicts a volume increase of 5.4% for the segment. BALL Stock's Price Performance The company's shares have lost 10.1% in the past year compared with the industry 's 1.9% decline. Stocks to Consider Here are some stocks with the right combination of elements to post an earnings beat in their upcoming releases. Emerson Electric Co. EMR, expected to release results on Aug. 6, currently has an Earnings ESP of +0.46% and a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank stocks here. The consensus estimate for Emerson Electric's earnings for the third quarter of fiscal 2025 is pegged at $1.51 per share, indicating year-over-year growth of 5.6%. EMR has a trailing four-quarter average surprise of 3.4%. Parker-Hannifin Corporation PH, slated to release second-quarter 2025 results on Aug. 7, has an Earnings ESP of +0.23% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for Parker-Hannifin's second-quarter 2025 earnings is pegged at $7.08 per share, suggesting a year-over-year rise of 4.6%. PH has a trailing four-quarter average surprise of 4.5%. Eaton Corporation plc ETN is scheduled to release second-quarter 2025 results on Aug. 5. It has an Earnings ESP of +0.33% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for Eaton's second-quarter 2025 earnings is pegged at $2.92 per share, suggesting a year-over-year rise of 6.9%. Eaton has a trailing four-quarter average surprise of 1.8%. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Emerson Electric Co. (EMR): Free Stock Analysis Report Parker-Hannifin Corporation (PH): Free Stock Analysis Report Eaton Corporation, PLC (ETN): Free Stock Analysis Report Ball Corporation (BALL): Free Stock Analysis Report

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store