Markforged Holding Corp

Markforged Holding Corp. engages in manufacturing, producing, and selling 3D printers and materials worldwide to customers. The company was founded in 2013 and is headquartered in Watertown, MA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Markforged reports record revenues, aims for profitability by 2024

Markforged Holding Corp reported strong financial performance in Q4 2022, with record revenues and strategic growth initiatives.
While facing challenges such as geographic sales disparities and achieving profitability, the company is focused on innovation and cost controls.
Opportunities lie in continued market expansion, reducing cash burn, and launching new products to drive revenue growth.
Guidance for fiscal year 2023 indicates a path towards improved financial performance and reaching breakeven by 2024.

Markforged reports strong Q1 revenue growth amidst cautious optimism

Markforged reported solid Q1 2023 performance with revenue growth and a focus on innovation and efficiency.
While facing challenges like a projected EPS loss, the company remains cautiously optimistic amidst uncertainties.
Opportunities in aerospace applications and market expansion present avenues for future growth and revenue enhancement.
Management's proactive approach and market acceptance of their products position Markforged for continued success and resilience.

Markforged Holding Corp reports steady Q2 performance amidst growth focus

Markforged Holding Corp's Q2 2023 performance reflects a mix of steady revenue, cost management efforts, and strategic focus on innovation and market opportunities.
While facing challenges in achieving profitability, the company's emphasis on product innovation and maintaining financial guidance showcases resilience and growth potential.
Investors should monitor Markforged Holding Corp's progress in addressing operational challenges and capitalizing on market opportunities to drive long-term value.

Markforged Holding Corp faces challenges but eyes growth opportunities in 2024

Markforged Holding Corp's Q3 2023 performance was impacted by macroeconomic uncertainty and increased interest rates, leading to a net loss of $13.8 million, prompting cost reduction efforts and a restructuring initiative.
Despite challenges, the company maintains revenue guidance of $90-95 million for 2023, focuses on balancing revenue and expenses, and anticipates growth in 2024 through new products and cost reduction measures.
Opportunities lie in market expansion through new product offerings, service revenue growth, and leveraging the digital forge to reduce costs for manufacturers, positioning the company for long-term success.
Navigating delays in large deals and internal restructuring challenges will be key for Markforged Holding Corp to overcome short-term obstacles and drive sustainable business growth amidst market uncertainties.

Markforged reports robust Q4 growth, eyes profitability through innovation

Markforged's Q4 performance reflects strong revenue growth, margin expansion, and strategic positioning for future growth.
The company's focus on additive manufacturing, new product introductions, and partnerships highlights its commitment to innovation and market leadership.
While challenges in achieving profitability persist, Markforged's opportunities lie in capitalizing on market demand, expanding partnerships, and driving revenue growth.

Markforged reports resilient Q1 performance amidst legal challenges and growth opportunities

Markforged Holding Corp (MKFG) showcased resilience and progress in Q1 2024 despite revenue decline and legal challenges.
The company's focus on new products and market adoption, along with improved financial metrics, signals a path to recovery.
While facing patent lawsuit hurdles, Markforged remains optimistic about growth opportunities and financial stability.
Strategic decisions to overturn the verdict and drive revenue growth will be crucial for Markforged's future success.

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Markforged Holding Corp. engages in manufacturing, producing, and selling 3D printers and materials worldwide to customers. The company was founded in 2013 and is headquartered in Waltham, MA.

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG) the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced that the United States District Court for the District of Delaware issued a ruling eliminating all four patents originally asserted by Continuous Composites against Markforged in July 2021.

Markforged Announces Positive Ruling in Patent Infringement Lawsuit

Markforged Holding Corporation (MKFG) delivered earnings and revenue surprises of 14.29% and 1.12%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Markforged Holding Corporation (MKFG) Reports Q4 Loss, Lags Revenue Estimates

Markforged Holding Corporation (NYSE:MKFG ) Q4 2022 Earnings Conference Call March 6, 2023 5:00 PM ET Company Participants Austin Bohlig - Director, IR Shai Terem - President and CEO Mark Schwartz - CFO Conference Call Participants Greg Palm - Craig Hallum Capital Group Ashley Lessen - Credit Suisse Brian Drab - William Blair Troy Jensen - Lake Street Capital Markets Jim Suva - Citigroup Noelle Dilts - Stifel Operator Greetings, and welcome to the Markforged's Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Markforged Holding Corporation (MKFG) Q4 2022 Earnings Call Transcript

WATERTOWN, 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 results from the fourth quarter and full fiscal year ended December 31, 2022. Financial Highlights for the Fourth Quarter of 2022 Revenue increased by 11%, to $29.7 million, in the fourth quarter of 2022 from $26.6 million in the fourth quarter of 2021.

Markforged Announces Fourth Quarter and Full-Year 2022 Results

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--The Patent Trial & Appeal Board (PTAB) of the U.S. Patent and Trademark Office (USPTO) has recently ruled in favor of Continuous Composites Inc., an innovator in the 3D printing industry, by denying six petitions filed by Markforged (NYSE: MKFG) for Inter Partes Review (IPR) challenging the validity of claims of Continuous Composites' foundational patents involved in the company's ongoing patent infringement lawsuit.

The Patent Trial & Appeal Board of the USPTO Rules in Favor of Continuous Composites on Six IPR Petitions Filed by Markforged

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced that it will release its financial results for the fourth quarter ended December 31st, 2022, after the market closes on Monday, March 6, 2023. The Company will host a webcast and conference call at 5:00 PM ET on the same day to discuss the results.

Markforged Sets Reporting Date for Fourth Quarter 2022 Financial Results

FRANKFURT AM MAIN, Germany--( BUSINESS WIRE )--Today at Formnext, Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced the release of new Simulation features for its additive manufacturing software. Simulation is available as a free trial until April 2023, and the company expects to make the feature accessible through a paid subscription thereafter.

Markforged Takes the Guesswork out of 3D Printing for Industrial Applications With New Simulation Software

Markforged Holding Corporation (MKFG) delivered earnings and revenue surprises of 0% and 5.34%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Markforged Holding Corporation (MKFG) Reports Q3 Loss, Lags Revenue Estimates

Markforged Announces Third Quarter 2022 Results

According to our estimates, Markforged appears widely undervalued over the long term. Shares may rally higher as the company works toward break-even cash flow by circa 2024, with revenues expected to continue to rise.

Markforged: A Wonderful Company At A Fair Price

Markforged Sets Reporting Date for Third Quarter 2022 Financial Results

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced the addition of Smooth TPU 95A to its growing portfolio of materials. The new, rubber-like material provides manufacturers with an efficient way to easily and reliably make high-quality, flexible parts on demand in low-to-medium volumes. With the introduction of Smooth TPU 95A, Markforged now offers manufacturers the inc

Markforged Introduces Smooth TPU 95A to Produce High Quality, Flexible Parts

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG) (the “Company”), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced that the Company is participating in several upcoming conferences. Citi 2022 Global Technology Conference – The virtual presentation is scheduled for Thursday, Sept. 8 at 3:15 p.m. ET and can be viewed at this link. Goldman Sachs Communacopia + Technology Conference – The virtual presentation is scheduled

Markforged to Participate in Upcoming Investor Conferences

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced that it has successfully completed the acquisition of Digital Metal, the creator of a precise and reliable binder jetting solution, extending Markforged's capabilities into high-throughput production of metal additive parts. Digital Metal's solution is designed to provide high-precision, best-in-class part quality and re

Markforged Completes Digital Metal Acquisition

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Like Stratasys and 3D Systems before it this month, this 3D printer maker's business looks underwhelming.

Why Markforged Stock Just Crashed 12.5%

Markforged Holding Corporation (NYSE:MKFG ) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants Austin Bohlig – Director-Investor Relations Shai Terem – President and Chief Executive Officer Mark Schwartz – Chief Financial Officer Conference Call Participants Brian Drab – William Blair Jacob Stephan – Lake Street Capital Markets Jim Suva – Citigroup Greg Palm – Craig-Hallum Noelle Dilts – Stifel Jared Maymon – Berenberg Capital Markets Operator Thank you for standing by. This is the conference operator.

Markforged Holding Corporation's (MKFG) CEO Shai Terem on Q2 2022 Results - Earnings Call Transcript

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced its results from the second quarter ended June 30, 2022. Financial Highlights Revenue increased by 19%, to $24.2 million, in the second quarter of 2022 from $20.4 million in the second quarter of 2021. Gross margin was 53% in the second quarter of 2022 compared to 58% in the second qua

Markforged Announces Second Quarter 2022 Results

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WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced that it will release its financial results for the second quarter ended June 30, 2022, after the market closes on Thursday, August 11, 2022. The Company will host a webcast and conference call at 5:00 PM ET on the same day to discuss the results. Participants may access the earnings press release, related materials and t

Markforged Sets Reporting Date for Second Quarter 2022 Financial Results

Metal and carbon fiber company Markforged (best known for its Digital Forge platform) announced today that it acquired Digital Metal to further increase its lineup of machines that can produce metal parts. The company was previously owned by Swedish metal powder manufacturer Höganäs AB.

Markforged acquires Digital Metal for $40M as 3D printing space continues to evolve

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced that it has entered into a definitive agreement with Höganäs AB to acquire Digital Metal, the creator of a leading binder jetting solution known to be precise and reliable, extending Markforged's capabilities into high-throughput production of metal additive parts. The addition of Digital Metal furthers Markforged's stra

Markforged to Expand into Mass Production of End-Use Metal Parts Through Digital Metal Acquisition

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WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced a partnership with 3YOURMIND, a developer of additive manufacturing (AM) workflow software solutions, to integrate Markforged's Eiger software platform with 3YOURMIND's manufacturing execution software (Agile MES) and other lifecycle management tools via API. This level of seamless connectivity is the next step toward In

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