Velo3D Reports Q3 Revenue Growth of 50.7% to $20.5 Million
Velo3D (VELO) reported third-quarter financial results featuring a significant year-over-year revenue increase of 50.7%, reaching $20.5 million. Despite the top-line growth, the company posted a GAAP earnings per share (EPS) loss of $0.34 for the quarter. Looking ahead, management provided revenue guidance in the range of $65 million to $75 million and signaled an expectation for sequential gross margin improvements starting in the fourth quarter of 2026. The company also noted that it is discontinuing its previous financial guidance/projections.
Tickers: $VELO
Topics: earnings report financial guidance gross margin revenue growth
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