Velo3D (VLD) Tops Q2 EPS by 3c

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Go back to Velo3D (VLD) Tops Q2 EPS by 3c

Velo3D Announces Sequential Revenue Growth of 60% / Year over Year Growth of More Than 160% for Second Quarter 2022

August 9, 2022 4:05 PM EDT

Company Reiterates FY2022 Revenue Guidance of $89 Million 

>15x revenue growth over last 6 quarters on track to become the largest metal additive manufacturing company, possibly as early as the end of 20221 Strong demand - booked $18 million in new orders, backlog of $55 million 2022 confidence 1H22 revenue / backlog account for >95% of 2022 revenue guidance Launched new Sapphire XC 1MZ system largest build volume of any laser PBF printer in its class - initial shipments in Q322 Maintained strong balance sheet exited Q222 with $142 million in... More