Velo3D (VLD) Misses Q4 EPS by 2c, Reiterating Previous Revenue Guidance

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Velo3D Announces Fourth Quarter and Fiscal Year 2021 Financial Results

March 2, 2022 4:15 PM EST

Exceeded Fourth Quarter and Full Year Revenue Forecast

Reiterates Previous FY2022 Revenue Guidance of $89 Million 

Exceeded revenue forecast 20% sequential increase / 45% growth vs FY 2020 Shipped first Sapphire XC system to aerospace customer in Q421 Achieved 2021 shipments goal of 23 systems - 77% year over year growth Continued bookings strength 34 systems booked in 2021 versus goal of 24 Significant backlog for 2022 23 Sapphire systems (18 Sapphire XC)

CAMPBELL, Calif.--(BUSINESS WIRE)-- Velo3D, Inc. (NYSE: VLD), a leading additive manufacturing... More