VLD - Velo3D Non-GAAP EPS of -$0.08 beats by $0.04 revenue of $29.78M beats by $1.72M

• Velo3D press release ( NYSE: VLD ): Q4 Non-GAAP EPS of -$0.08 beats by $0.04 .
• Revenue of $29.78M (+186.1% Y/Y) beats by $1.72M .

• For the first quarter of 2023, the company expects the following:

  • Revenue in the range of $25 million to $28 million
  • Gross margin in the range of 9% to 11%, assuming no impact from potential non-recurring charges

  For the fiscal year 2023, the company expects the following:

  • Revenue in the range of $120 million to $130 million vs. $131.23M consensus
  • Gross margin in the range of 19% to 21%, assuming no impact from potential non-recurring charges – with gross margin of approximately 30% in the fourth quarter of 2023

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