Velo3D (VLD) Misses Q3 EPS by 1c; Guides Lower

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Velo3D Announces 119% Year Over Year Revenue Growth for the Third Quarter of 2022

November 8, 2022 4:05 PM EST

Path to Profitability Driven by Strong Demand and Improved Efficiency

Q3 Bookings Growth / Increased Backlog by 20% Sequentially

Third Quarter Results Impacted by Supply Chain Shortages

Continued revenue growth up 119% year over year Strong demand $27 million in new bookings / backlog at $66 million New customer expansion 2 European OEMs, U.S. automotive sector Updated 2022 revenue guidance of $75-$80M result of supply chain disruptions causing Q322 shipment delays and potential Q422 impact

CAMPBELL, Calif.--(BUSINESS WIRE)-- Velo3D,... More