Markforged Holding (NYSE:MKFG) reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Markforged Holding reported in-line EPS of $-0.09 versus an estimate of $-0.09.
Revenue was up $3.81 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 6.18% increase in the share price the next day.
Here’s a look at Markforged Holding’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.08 | -0.06 | -0.08 |
| EPS Actual | -0.08 | -0.09 | -0.10 | -0.26 |
| Revenue Estimate | 20.88M | 24.51M | 21.58M | 20.88M |
| Revenue Actual | 21.86M | 26.64M | 24.05M | 20.42M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Markforged Holding management provided guidance for FY 2022, expecting earnings between $-0.32 and $-0.29 per share.
To track all earnings releases for Markforged Holding visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
