Recap: Velo3D Q4 Earnings

Velo3D (NYSE:VLD) reported its Q4 earnings results on Tuesday, March 26, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Velo3D missed estimated earnings by -262.0%, reporting an EPS of $-0.29 versus an estimate of $-0.08.

Revenue was down $27.97 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 0.0% increase in the share price the next day.

Here's a look at Velo3D's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.08	-0.08	-0.09	-0.13
EPS Actual	-0.10	-0.10	-0.09	-0.08
Revenue Estimate	27.00M	27.25M	26.06M	25.93M
Revenue Actual	24.06M	25.13M	26.81M	29.78M

To track all earnings releases for Velo3D visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.