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Markforged reports results for Q2 2021 – revenue increase by 44%

Markforged – manufacturer of industrial 3D printers printing parts from metal and polyamide composites as well as carbon, glass or kevlar fiber, presented financial results for the second quarter of 2021. The company’s revenues amounted to USD 20.4 million, which is an increase of 44.1% compared to the same period last year. Gross profit increased by 60.0% and closed at $ 11.9 million. Gross margins also increased, + 58% compared to 53% last year.

July 14, 2021 MarkForged, Inc. completed the previously announced merger with the US-listed company one (NYSE: AONE), debuting on the New York Stock Exchange under the name Markforged Holding Corporation (NYSE: MKFG).

At the same time, in the second quarter of this year, Markforged launched new machines in the form of Metal X Gen 2, Next Day Metal and X7 Field Edition. The equipment is designed to produce high-strength, high-performance end parts in industries such as aerospace, defense and automotive.

Source: www.markforged.com

Press Release