VLD - Velo3D Q1 results mixed co keeps FY 2023 revenue bookings guidance unchanged
2023-05-01 17:04:21 ET
- Velo3D press release ( NYSE: VLD ): Q1 Non-GAAP EPS of -$0.09 in-line.
- Revenue of $26.8M (+119.7% Y/Y) beats by $1.01M .
- Bookings of $20 million, up more than 30% sequentially.
- For the fiscal year 2023, the company’s revenue guidance of $120 million to $130 million remains unchanged. The consensus revenue estimate is $125M.
- For the fiscal year 2023, the company’s bookings guidance of $100 million to $130 million remains unchanged.
- Sees Q2 2023 revenue in the range of $25 million to $29 million. The consensus revenue estimate is $29.3M.
- Sees Q2 2023 bookings in the range of $23 million to $29 million.
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Velo3D Q1 results mixed, co keeps FY 2023 revenue, bookings guidance unchanged