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

Markforged Holding

10/11/2022 07:07

* Markforged Holding Corp  MKFG.N  reported a quarterly
adjusted
loss of 8 cents​​ per share for the quarter ended in September.
The mean expectation of six analysts for the quarter was for a
loss of 8 cents per share.
    * Revenue rose 4.8% to $25.21 million from a year ago;
analysts
expected $26.18 million. 
    * Markforged Holding Corp's reported EPS for the quarter was
a
loss of 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.8%
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 12.1% this
quarter and lost 67.6% so far this year.
    * The company reported a quarterly loss of $22.97 million.
    * Wall Street's median 12-month price target for Markforged
Holding Corp is $3.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 07:07 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.08          -0.08          Met
 Jun. 30 2022      -0.09          -0.09          Met
 Mar. 31 2022      -0.08          -0.08          Met
 Dec. 31 2021      -0.08          -0.09          Missed