Markforged Holding Corporation (MKFG) Q4 2023 Earnings Call Transcript
- Markforged Holding Corporation (NYSE:MKFG ) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Austin Bohlig - Director, Investor Relations Shai Terem - President and CEO Assaf Zipori - CFO Conference Call Participants Troy Jensen - Lake Street Capital Markets Danny Eggerichs - Craig-Hallum Tyler Hutin - William Blair Jacob Stephan - Lake Street Capital Markets Operator Greetings and welcome to the Markforged Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 03/07/2024
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Markforged Holding Corporation (MKFG) Reports Q4 Loss, Tops Revenue Estimates
- Markforged Holding Corporation (MKFG) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.06 per share a year ago.
- 03/07/2024
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Markforged Announces Fourth Quarter and Full-Year 2023 Results
- 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 2022 Revenue was $24.2 million, up 20.4% sequentially from the third quarter of 2023, and down from $29.7 million in the fourth quart.
- 03/07/2024
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Markforged Sets Reporting Date for Fourth Quarter 2023 Financial Results
- WALTHAM, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced today that it will release its financial results for the fourth quarter ended December 31, 2023, after the market closes on Thursday, March 7, 2024. 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.
- 02/20/2024
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Markforged Receives Continued Listing Standards Notice from the NYSE
- WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (“Markforged” or “the Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, was notified on November 17, 2023 by the New York Stock Exchange (“NYSE”) that the Company is not in compliance with Rule 802.01C of the NYSE's Listed Company Manual (“Rule 802.01C”) relating to the minimum average closing price of the Company's common stock required over a consecu.
- 11/20/2023
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Markforged Holding Corporation (MKFG) Q3 2023 Earnings Call Transcript
- Markforged Holding Corporation (NYSE:MKFG ) Q3 2023 Earnings Conference Call November 13, 2023 5:00 PM ET Company Participants Austin Bohlig - Director, IR Shai Terem - President, CEO Assaf Zipori - CFO Conference Call Participants Greg Palm - Craig-Hallum Capital Group Jacob Stephan - Lake Street Capital Markets Blake Keating - William Blair Operator Greetings, and welcome to the Markforged Third Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
- 11/13/2023
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Markforged Announces Third Quarter 2023 Results
- 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 third quarter and nine months ended September 30, 2023. Third Quarter 2023 Financial Results Compared To Third Quarter 2022 Revenue was $20.1 million compared to $25.2 million. Gross margin was 45.7% compared to 48.6%. Non-GAAP gross margin was 46.9% c.
- 11/13/2023
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Markforged Releases Vega™, an Ultra High Performance Material Designed for 3D Printing Aerospace Components on the FX20™
- WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today released Vega™, an ultra high performance filament designed for aerospace manufacturing on Markforged's FX20™ printer. Vega not only offers exceptional strength but also is expected to bring customers substantial advantages in weight reduction, cost efficiency, and lead time savings. Vega builds upon Markfo.
- 11/07/2023
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Will Markforged Holding Corporation (MKFG) Report Negative Earnings Next Week? What You Should Know
- Markforged Holding Corporation (MKFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 11/06/2023
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Markforged Schedules Third Quarter 2023 Earnings Announcement; Provides Preliminary Third Quarter Results and Updates 2023 Revenue Guidance
- 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 preliminary financial results for the third quarter ended September 30, 2023. Revenue for the third quarter was approximately $20 million, and the Company ended the September quarter with a cash, cash equivalent, and short-term investment balance of approximately $126 million. Macr.
- 10/23/2023
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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
- Ark Invest bought shares of Block, Markforged, and Archer Aviation on Monday. Block received a rare bullish analyst initiation late last week, a break for a stock that has shed roughly a third of its value this year.
- 10/10/2023
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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
- Cathie Wood bought shares of Cloudflare, Beam Therapeutics, and Markforged on Thursday. The three stocks are down between 71% and 91% from their 2021 highs.
- 09/29/2023
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Markforged Unlocks The Future Of Distributed Manufacturing, Enabling Manufacturer-Certified Parts To Be Licensed And Printed At The Point Of Need
- WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announces Digital Source, an on-demand parts platform built to enable the licensing and 3D-printing of manufacturer-certified parts when and where they are needed, without the cost or hassle of physical inventory management. Digital Source allows vendors to upload digital part designs which can be securely.
- 09/18/2023
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Cathie Wood Goes Bargain-Hunting: 3 Stocks She Just Bought.
- Cathie Wood bought shares of Roblox, Genius Sports, and Markforged on Thursday. The three stocks are down between 77% and 92% from their 2021 highs.
- 09/15/2023
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Markforged Holding Corporation (MKFG) Reports Q2 Loss, Tops Revenue Estimates
- Markforged Holding Corporation (MKFG) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.09 per share a year ago.
- 08/10/2023
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Printing Money With Markforged?
- 3D printers have the ability to disrupt and advance manufacturing capabilities. Markforged is well positioned in the industry. Markforged is a leading manufacturer of printers and software. It also generates recurring revenue through the sale of materials. The company has recently seen growth slow and gross margins decrease. It hopes these can be remedied in the near future.
- 08/07/2023
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Markforged Holding Corporation: More Patience Is Required
- Markforged Holding Corporation, a 3D printing company, has not performed all that well as of late, despite having a significant amount of cash and cash equivalents on its books. The company's shares have plunged 19.4% since January, but its revenue has been growing, with Q1 2023 revenue at $24.1 million, up from $21.9 million the previous year. Despite operational challenges, Markforged is making progress on its top and bottom lines and could reach fair value with minimal profitability, warranting a more neutral outlook as opposed to negative.
- 07/05/2023
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Markforged Holding Corporation (MKFG) Reports Q1 Loss, Tops Revenue Estimates
- Markforged Holding Corporation (MKFG) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.08 per share a year ago.
- 05/11/2023
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Markforged: Injection Of Growth Needed To Price Shares Higher
- Markforged meets earnings expectations in Q4 but remains unprofitable. Sales continue to gain traction but the company continues to fall short of its cost-cutting initiatives.
- 04/11/2023
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Markforged Holding Corporation (MKFG) Reports Q4 Loss, Lags Revenue Estimates
- 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?
- 03/06/2023
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Markforged Holding Corporation (MKFG) Q4 2022 Earnings Call Transcript
- 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.
- 03/06/2023
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Markforged Holding Corporation (MKFG) Reports Q3 Loss, Lags Revenue Estimates
- 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?
- 11/09/2022
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Markforged: A Wonderful Company At A Fair Price
- 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.
- 11/04/2022
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7 Cathie Wood Stocks to Buy on the Dip
- Cathie Wood is well-known in the investment world as the face of ARK Invest, the firm she founded in 2014. ARK itself stands for Active Research Knowledge.
- 08/22/2022
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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
- There are always stocks to buy when you're Ark Invest's ace stock picker.
- 08/18/2022
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The 5 Top Stocks Cathie Wood Is Buying Now
- Cathie Wood's Ark Invest has performed well recently, with shares of her flagship exchange-traded fund (ETF), the ARK Innovation ETF (NYSEMKT: ARKK ), up more than 15% during the past month. The performance was driven by the release of July's consumer price index (CPI) report.
- 08/15/2022
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Why Markforged Stock Just Crashed 12.5%
- Like Stratasys and 3D Systems before it this month, this 3D printer maker's business looks underwhelming.
- 08/12/2022
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Markforged Holding Corporation's (MKFG) CEO Shai Terem on Q2 2022 Results - Earnings Call Transcript
- 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.
- 08/11/2022
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Markforged Holding Corporation (MKFG) Reports Q2 Loss, Tops Revenue Estimates
- Markforged Holding Corporation (MKFG) delivered earnings and revenue surprises of 0% and 11.24%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/11/2022
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5 Top Stocks Cathie Wood Bought This Week
- Cathie Wood's exchange-traded funds (ETFs) received a breath of fresh air this week. The ARK Innovation ETF (NYSEMKT: ARKK ) ended the period up over 12%.
- 08/05/2022
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Markforged acquires Digital Metal for $40M as 3D printing space continues to evolve
- 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.
- 07/12/2022
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Markforged to Participate in Upcoming Investor Conferences
- 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. Craig-Hallum 19th Annual Institutional Investor Conference – The conference is on Wednesday, June 1. William Blair's 42nd Annual Growth Stock Conference – The virtual presentation is scheduled for Tuesday, June 7, at 3:40 p.m. EDT and can
- 05/26/2022
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What to Know About Buying Penny Stocks on May 13th
- Here's what you need to know about trading penny stocks on May 13th, 2022 The post What to Know About Buying Penny Stocks on May 13th appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 05/13/2022
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Markforged Holding Corporation (MKFG) CEO Shai Terem on Q1 2022 Results - Earnings Call Transcript
- Markforged Holding Corporation (NYSE:MKFG ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Austin Bohlig - Director of Investor Relations Shai Terem - President and Chief Executive Officer Mark Schwartz - Chief Financial Officer Conference Call Participants Brian Drab - William Blair & Company LLC Greg Palm - Craig-Hallum Capital Group, LLC Troy Jensen - Lake Street Capital Markets LLC James Suva - Citigroup Inc. Noelle Dilts - Stifel, Nicolaus & Company, Inc. Roderick Hall - Goldman Sachs Group, Inc. Operator Good afternoon, and welcome to the Markforged First Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.
- 05/12/2022
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Markforged Holding's (MKFG) CEO Shai Terem on Q4 2021 Results - Earnings Call Transcript
- Markforged Holding's (MKFG) CEO Shai Terem on Q4 2021 Results - Earnings Call Transcript
- 03/15/2022
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Markforged Holding Corp. to Present at 24th Annual Needham Growth Conference on January 13, 2022
- WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged will be participating in the 24th Annual Needham Growth Conference on January 13, 2022.
- 01/05/2022
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5 Stocks to Buy Under the Christmas Tree and Under $10 With Huge Upside Potential
- While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 12/25/2021
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Why Goldman Sachs Sees Over 35% Upside in This 3D Printer Stock
- Markforged Holding Corp. (NYSE: MKFG) may be one of the lesser known investments in Cathie Wood's ARK Invest portfolio, but one prominent analyst is eyeing it for some big gains on the horizon.
- 12/21/2021
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Markforged Holding Corporation (MKFG) CEO Shai Terem on Q3 2021 Results - Earnings Call Transcript
- Markforged Holding Corporation (MKFG) CEO Shai Terem on Q3 2021 Results - Earnings Call Transcript
- 11/10/2021
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Markforged: Speculative De-SPAC Has Some Promise
- MKFG stock has been halved from highs reached immediately after Markforged agreed to a SPAC merger.
- 10/08/2021
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Cabin Management Systems Leverages Markforged Printers for FAA-Compliant End-Use Parts
- WATERTOWN, Mass.--(BUSINESS WIRE)--Cabin Management Solutions is utilizing two Markforged X7 industrial carbon fiber 3D printers to print high-quality, end-use aerospace parts.
- 08/20/2021
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Markforged Holding's (MKFG) CEO Shai Terem on Q2 2021 Results - Earnings Call Transcript
- Markforged Holding's (MKFG) CEO Shai Terem on Q2 2021 Results - Earnings Call Transcript
- 08/13/2021
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Markforged Launches Two Composite Materials Designed for Aerospace and Other Highly-Regulated Industries: Onyx FR-A and Carbon Fiber FR-A
- WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged now offers Onyx™ FR-A and Carbon Fiber FR-A, aerospace-ready versions of its Onyx™ FR and Carbon Fiber FR materials.
- 07/26/2021
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