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0.00195026816187218 -0.000487567040468146 -0.0743539736713799 -0.0492442710872746 0.0117016089712335 -0.0492442710872746 -0.124817162359825 -0.0492442710872746
Stock impact report

Velo3D Announces Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]

Velo3D, Inc. (VLD) 
Company Research Source: Yahoo! Finance
Bookings recovery As of March 26, 2024, total bookings of $15 million since mid-December 2023; 50% of orders from existing customers Successfully reduced quarterly operating expenses Down 15% sequentially (excluding one-time charges) Expect 30% reduction Q3 2023 through end of Q1 2024 in non-GAAP operating expenses Further expanded installed base - added 12 new customers in 2023 including 3 new defense customers Continued free cash flow progress – 35% year over year improvement, well positioned to achieve cash flow breakeven in the second half of FY 2024 FREMONT, Calif., March 26, 2024 BUSINESS WIRE )--Velo3D, Inc. (NYSE: VLD), a leading additive manufacturing technology company for mission-critical metal parts, today announced financial results for its fourth quarter and fiscal year 2023 ended December 31, 2023. "2023 was a transformational year for the company as we re-aligned our strategic and business priorities from driving revenue growth to ensuring customer suc Show less Read more
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