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Stock impact report

Markforged (NYSE:MKFG) Reports Sales Below Analyst Estimates In Q3 Earnings [Yahoo! Finance]

Markforged Holding Corporation (MKFG) 
Company Research Source: Yahoo! Finance
Its GAAP loss of $1.15 per share was also 62% below analysts' consensus estimates. Is now the time to buy Markforged? Find out in our full research report Revenue: $20.48 million vs analyst estimates of $22.54 million (9.1% miss) EPS: -$1.15 vs analyst estimates of -$0.71 (-$0.44 miss) Gross Margin (GAAP): 49%, up from 45.7% in the same quarter last year Operating Margin: -85.6%, up from -251% in the same quarter last year Market Capitalization: $90.68 million “We are pleased with our results in Q3 that were supported by the encouraging adoption of our latest product innovations despite facing a challenging industrial environment,” said Shai Terem, President and CEO of Markforged. Beginning as a start-up at SolidWorks World–an annual design and engineering conference, Markforged (NYSE:MKFG) offers 3D printers and softwares to manufacturers of various industries. Onshoring and inventory management–themes that grew in focus after COVID wreaked havoc on global supply ch Show less Read more
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