Velo3D Q3 2026 revenue up 50% to $20.5 million; gross margin guidance revised
FROM THE WIRE · PRNEWSWIRE.COM
Revenue of $20.5 million, up 50% year-over-year New bookings of $28.9 million Gross margin of 26.5% Cash and cash equivalents of $75.7 million as of September 30, 2026 Reaffirms 2026 Revenue Guidance; Revises 2026 Gross Margin Guidance; Reduces 2026 Capital Expenditures…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMixed results for an additive manufacturing company: revenue growth but lower gross margin guidance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Revenue rose 50% year-over-year to $20.5 million.
- 02The company reaffirmed 2026 revenue guidance and reduced capital expenditure guidance.
- 03Positive net cash from operations is now expected in 2028.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets