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VLD - Velo3D Non-GAAP EPS of -$0.13 revenue of $12.2M
Velo3D Inc.
Velo3D press release (NYSE:VLD): Q1 Non-GAAP EPS of -$0.13. Revenue of $12.2M (+916.7% Y/Y). Increasing demand reflected in record total backlog – up >80% Y/Y to $55M; 2022 confidence – Q122 revenue / backlog account for >75% of 2022 revenue guidance. Exited Q1 with $186M in cash. FY22 Outlook: Revenue - $89M, Total bookings – 47-49, Total shipments – 47-49, New customer additions – 23-25.