Markforged Announces Fourth Quarter and Full-Year 2023 Results
Markforged Holding Corporation (MKFG)
Company Research
Source: Business Wire
WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced its financial results for the fourth quarter and full year ended December 31, 2023.Fourth Quarter 2023 Financial Results Compared To Fourth Quarter 2022Revenue was $24.2 million, up 20.4% sequentially from the third quarter of 2023, and down from $29.7 million in the fourth quarter of 2022.Gross margin was 48.4% compared to 46.9%.Non-GAAP gross margin was 49.5% compared to 47.5%.Operating expenses were $31.1 million, inclusive of an increase in the fair value estimate of an acquisition earnout of $0.9 million, compared to $33.2 million.Non-GAAP operating expenses were $24.9 million compared to $29.4 million.Net loss was $14.2 million compared to net loss of $10.7 million.Non-GAAP net loss was $11.6 million compared to a loss of $13.3 million.Cash, cash equivalents, an
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MKFG
Earnings
- 11/13/23 - Miss
MKFG
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- MKFG's page on the SEC website