Markforged Announces Jury Verdict in Patent Case
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 that on April 11, 2024, the jury in the U.S. District Court for the District of Delaware reached a verdict in the Company’s ongoing patent lawsuit with Continuous Composites Inc. (“Continuous Composites”).The jury returned a verdict against Markforged, Inc., a wholly-owned subsidiary of the Company, in the amount of $17.34 million. As previously disclosed, in July 2021, Continuous Composites, a company based out of Idaho, filed a patent-infringement lawsuit against the Company. The jury found one of the two patent claims Continuous Composites asserted at trial against the Company to be invalid and not infringed. However, the jury found that the Company had infringed the other patent claim and awarded monetary damages. While the Company cannot predict what additional a
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News
- Markforged Sets Reporting Date for First Quarter 2024 Financial ResultsBusiness Wire
- Jury Awards Continuous Composites Over $17 Million in Past Damages For Patent Infringement by Markforged [Yahoo! Finance]Yahoo! Finance
- Favourable Signals For Markforged Holding: Numerous Insiders Acquired Stock [Yahoo! Finance]Yahoo! Finance
- Markforged Announces Jury Verdict in Patent Case [Yahoo! Finance]Yahoo! Finance
- US$1.32: That's What Analysts Think Markforged Holding Corporation (NYSE:MKFG) Is Worth After Its Latest Results [Yahoo! Finance]Yahoo! Finance
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