Velo3D Q3 Adj EPS $(0.10) Misses $(0.08) Estimate, Sales $24.06M Miss $27.00M Estimate
Portfolio Pulse from mahesh@benzinga.com
Velo3D (NYSE:VLD) reported Q3 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.08) by 25%. The company also reported quarterly sales of $24.06 million, missing the estimate of $27.00 million by 10.90%. However, these figures represent an increase over the same period last year.
November 06, 2023 | 9:58 pm
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NEGATIVE IMPACT
Velo3D's Q3 earnings missed analyst estimates, which could negatively impact the stock in the short term.
Velo3D's Q3 earnings missed analyst estimates, which is typically seen as a negative signal by the market and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100