Markforged Holding Q2 EPS $(0.06) Beats $(0.07) Estimate, Sales $25.45M Beat $25.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Markforged Holding (NYSE:MKFG) reported Q2 earnings with losses of $(0.06) per share, beating the analyst consensus estimate of $(0.07) by 14.29%. The company also reported quarterly sales of $25.45 million, surpassing the analyst consensus estimate of $25.28 million by 0.67%. This represents a 33.33% increase in earnings and a 5.04% increase in sales compared to the same period last year.
August 10, 2023 | 8:47 pm
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POSITIVE IMPACT
Markforged Holding reported better than expected Q2 earnings and sales, indicating a positive financial performance.
Markforged Holding's Q2 earnings and sales beat analyst estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100