Markforged Holding Corporation (MKFG) Reports Q2 Loss of $0.26

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Go back to Markforged Holding Corporation (MKFG) Reports Q2 Loss of $0.26

Markforged Announces Second Quarter 2021 Results

August 12, 2021 4:15 PM EDT

WATERTOWN, Mass.--(BUSINESS WIRE)-- Markforged Holding Corporation (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced the results of MarkForged, Inc. from the second quarter ended June 30, 2021.1

Financial Highlights

Revenue increased by 44.1% to $20.4 million in the second quarter of 2021 from $14.2 million in the second quarter of 2020. Gross profit grew 60.0% to $11.9 million in the second quarter of 2021 from $7.5 million in the second quarter of 2020. Gross margins expanded to 58% in the second quarter of 2021 compared to 53% in... More