Markforged HoldingNYSE: MKFG

Markforged Holding Corporation (NYSE:MKFG ) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Austin Bohlig - Director, Investor Relations Shai Terem - President and CEO Assaf Zipori - CFO Conference Call Participants Troy Jensen - Lake Street Capital Markets Danny Eggerichs - Craig-Hallum Tyler Hutin - William Blair Jacob Stephan - Lake Street Capital Markets Operator Greetings and welcome to the Markforged Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Markforged Holding Corporation (MKFG) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.06 per share a year ago.

Markforged Holding Corporation (NYSE:MKFG ) Q3 2023 Earnings Conference Call November 13, 2023 5:00 PM ET Company Participants Austin Bohlig - Director, IR Shai Terem - President, CEO Assaf Zipori - CFO Conference Call Participants Greg Palm - Craig-Hallum Capital Group Jacob Stephan - Lake Street Capital Markets Blake Keating - William Blair Operator Greetings, and welcome to the Markforged Third Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Markforged Holding Corporation (MKFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Markforged Holding Corporation (MKFG) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.09 per share a year ago.

3D printers have the ability to disrupt and advance manufacturing capabilities. Markforged is well positioned in the industry. Markforged is a leading manufacturer of printers and software. It also generates recurring revenue through the sale of materials. The company has recently seen growth slow and gross margins decrease. It hopes these can be remedied in the near future.

Markforged Holding Corporation, a 3D printing company, has not performed all that well as of late, despite having a significant amount of cash and cash equivalents on its books. The company's shares have plunged 19.4% since January, but its revenue has been growing, with Q1 2023 revenue at $24.1 million, up from $21.9 million the previous year. Despite operational challenges, Markforged is making progress on its top and bottom lines and could reach fair value with minimal profitability, warranting a more neutral outlook as opposed to negative.

Markforged Holding Corporation (MKFG) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.08 per share a year ago.