Markforged Holding Corporation (MKFG) Misses Q2 EPS by 3c

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Go back to Markforged Holding Corporation (MKFG) Misses Q2 EPS by 3c

Markforged Announces Second Quarter 2023 Results

August 10, 2023 4:30 PM EDT

WALTHAM, Mass.--(BUSINESS WIRE)-- Markforged Holding Corporation (NYSE: MKFG) (the Company), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced its results from the second quarter ended June 30, 2023.

Financial Highlights

Revenue increased by 5%, to $25.4 million, in the second quarter of 2023 from $24.2 million in the second quarter of 2022. Gross profit was $12.0 million in the second quarter of 2023 compared to $12.9 million in the second quarter of 2022. Non-GAAP gross profit was $12.3 million in the second quarter of 2023 compared to $13.0... More