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

Markforged Holding

13/05/2022 15:19

* Markforged Holding Corp  MKFG.N  reported a quarterly
adjusted
loss of 8 cents​​ per share for the quarter ended in March. The
mean expectation of six analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue was $21.86 million​;  analysts expected $20.88
million. 
    * Markforged Holding Corp's reported EPS for the quarter was
2
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.4%
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 fallen by 31.1% this
quarter and lost 48.8% so far this year.
    * The company reported quarterly net income of $4.24
million.
    * Wall Street's median 12-month price target for Markforged
Holding Corp is $5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 13 at 02:19 p.m.  ​All
figures in US dollars unless otherwise stated