Welcome to our dedicated page for Markforged Holding Corporation news (Ticker: MKFG), a resource for investors and traders seeking the latest updates and insights on Markforged Holding Corporation stock.
Markforged Holding Corporation (NYSE: MKFG) is a public manufacturing company that focuses on industrial 3D printing and additive manufacturing. Company news frequently emphasizes how its platform, The Digital Forge, brings industrial 3D printing directly to the factory floor, enabling the production of strong, accurate parts in metal and advanced composites at the point of need.
News about Markforged often covers product and technology announcements. Recent releases describe the FX10 Metal Kit, which adds metal printing capability to the FX10 industrial 3D printer so it can print both metal filaments and composites with continuous fiber reinforcement. Markforged has also announced new metal filaments such as 316L stainless steel for use with its systems, along with details about the associated wash and sinter workflow managed through its Eiger software.
Investors and industry observers will also find corporate and capital markets updates in MKFG news. The company has announced a 1-for-10 reverse stock split intended to help maintain NYSE listing requirements, and it regularly reports quarterly and annual financial results with both GAAP and non-GAAP metrics. Markforged has explained how it defines non-GAAP gross margin, non-GAAP operating profit (loss) and non-GAAP net profit (loss) and provides reconciliations in its financial tables.
Another key theme in Markforged news is strategic transactions and legal developments. The company has announced a definitive agreement for an all-cash acquisition by Nano Dimension Ltd., under which Markforged would become an indirect wholly owned subsidiary, subject to stockholder and regulatory approvals. Related news items discuss litigation filed by Desktop Metal, Inc. concerning this pending merger and the subsequent voluntary dismissal of Markforged from that action. Additional releases describe the settlement of patent litigation with Continuous Composites Inc. through a Settlement and Patent License Agreement.
For readers following MKFG, the news stream provides insight into Markforged’s technology roadmap, financial reporting, corporate actions and legal matters that affect its additive manufacturing business.
Markforged (NYSE: MKFG) will announce its financial results for the first quarter ending March 31, 2023, on May 11, 2023, after market close. The company's conference call will be held at 5:00 PM ET the same day, providing an opportunity for investors to gain insights into the earnings report. Markforged specializes in enhancing manufacturing resiliency through its innovative 3D printing solutions, The Digital Forge, catering to over 10,000 customers across 70+ countries. Investors can access the earnings release and related materials through the company's investor website.
For those who can't attend the live call, a replay will be available until May 25, 2023. For more information about Markforged's products and services, visit their official website.
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