Markforged Holding Corp reports results for the quarter ended in June - Earnings Summary

Markforged Holding

11/08/2022 23:43

* Markforged Holding Corp  MKFG.N  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in June. The
mean expectation of six analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue rose 18.6% to $24.23 million from a year ago;
analysts
expected $22.46 million. 
    * Markforged Holding Corp's reported EPS for the quarter was
2
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Markforged Holding Corp shares had risen by 59.5% this
quarter and lost 45.1% so far this year.
    * The company reported quarterly net income of $4.08
million.
    * Wall Street's median 12-month price target for Markforged
Holding Corp is $4.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 11
at 10:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.09          -0.09          Met
 Mar. 31 2022      -0.08          -0.08          Met
 Dec. 31 2021      -0.08          -0.09          Missed
 Sep. 30 2021      -0.06          -0.09          Missed