Recap: Markforged Holding Q1 Earnings

Markforged Holding MKFG reported its Q1 earnings results on Thursday, May 11, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Markforged Holding beat estimated earnings by 12.5%, reporting an EPS of $-0.07 versus an estimate of $-0.08.

Revenue was up $2.23 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 16.34% drop in the share price the next day.

Here's a look at Markforged Holding's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.07 -0.08 -0.09 -0.08
EPS Actual -0.07 -0.08 -0.09 -0.08
Revenue Estimate 29.35M 26.38M 22.46M 20.88M
Revenue Actual 29.70M 25.21M 24.23M 21.86M

To track all earnings releases for Markforged Holding visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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