Shapeways Reports Fourth Quarter and Full Year 2023 Results
Shapeways Holdings, Inc. (SHPW)
Company Research
Source: GlobeNewswire
- Expands Q4 2023 Gross Margins to 46% and Increases Gross Profit by 23% vs the same quarter in the prior year -- Continues to Explore Strategic Alternatives to Maximize Shareholder Value - NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, announced its results for the fourth quarter and year ended December 31, 2023. “Throughout 2023 we focused on executing our key strategic objectives of expanding our enterprise and software businesses,” said Greg Kress, Shapeways’ Chief Executive Officer. “We are pleased to have delivered revenue and gross profit improvements in the fourth quarter both sequentially and year over year, including a 23% increase in gross profit from the same period last year. This increase in gross profit was due in part to an expansion of gross margin to 46% in the fourth quarter as we had a higher contribution from software and
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SHPW
News
- Shapeways Holdings, Inc. (NYSE: SHPW) had its price target lowered by analysts at Needham & Company LLC from $4.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Shapeways Holdings, Inc. (NYSE:SHPW) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Shapeways Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Shapeways Holdings, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- Shapeways to Report Fourth Quarter 2023 Financial ResultsBusiness Wire
SHPW
Sec Filings
- 4/16/24 - Form 10-K/A
- 3/28/24 - Form 10-K
- 3/28/24 - Form 8-K
- SHPW's page on the SEC website