Markforged (NYSE:MKFG) Announces Quarterly Earnings Results

Markforged (NYSE:MKFGGet Free Report) released its earnings results on Friday. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.09), Zacks reports. The company had revenue of $22.30 million during the quarter, compared to analysts’ expectations of $22.30 million. Markforged had a negative return on equity of 34.99% and a negative net margin of 101.18%.

Markforged Price Performance

Shares of MKFG stock traded down $0.05 on Friday, hitting $4.58. The company’s stock had a trading volume of 292,192 shares, compared to its average volume of 128,228. The stock has a market capitalization of $94.44 million, a price-to-earnings ratio of -1.05 and a beta of 1.50. Markforged has a fifty-two week low of $1.57 and a fifty-two week high of $8.80. The firm’s fifty day moving average price is $2.95 and its 200-day moving average price is $3.54.

Markforged Company Profile

(Get Free Report)

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, food and beverage, industrial automation, space exploration, healthcare, and automotive industries.

See Also

Earnings History for Markforged (NYSE:MKFG)

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