Markforged Holding: Q2 Earnings Insights

Markforged Holding 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.

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.

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).

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.

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