Markforged Holding Sees FY24 Adj. EPS $(0.22)-$(0.19) Vs $(0.21) Est.; Revenue $95M-$105M Vs $95.244M Est.
Portfolio Pulse from Benzinga Newsdesk
Markforged Holding projects its FY24 adjusted EPS to be between $(0.22) and $(0.19), compared to the estimated $(0.21). The company anticipates revenue to be in the range of $95M to $105M, versus the estimated $95.244M.
March 07, 2024 | 10:19 pm
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Markforged Holding expects its FY24 adjusted EPS to range from $(0.22) to $(0.19), against an estimated $(0.21), with revenue projections of $95M to $105M, compared to an estimated $95.244M.
The slight widening of the EPS range compared to the estimate suggests a cautious but potentially optimistic outlook from Markforged Holding. The revenue forecast exceeding the estimate indicates expected growth or positive performance, which could positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100