Markforged Holding (NYSE: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.
