Markforged Announces Third Quarter 2024 Results
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MARKFORGED HOLDING CORPORATION |
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CONDENSED CONSOLIDATED STATEMENTS OF |
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COMPREHENSIVE INCOME (LOSS) |
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For the Three and Nine Months Ended September 30, 2024 and 2023 |
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(In thousands) |
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Three Months Ended September 30, | |
Nine Months Ended September 30, |
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2024 | | | |
2023 | | | |
2024 | | | |
2023 | |
| Net loss | $ | (23,370 | ) | | $ | (51,362 | ) | | $ | (73,714 | ) | | $ | (89,369 | ) |
| Other comprehensive loss, net of taxes: | | | | | | | |
| Unrealized loss on available-for-sale marketable securities, net | | — | | | | (17 | ) | | | — | | | | (42 | ) |
| Foreign currency translation adjustment | | 894 | | | | (993 | ) | | | (92 | ) | | | (2,539 | ) |
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Total comprehensive income (loss) | $ | (22,476 | ) | | $ | (52,372 | ) | | $ | (73,806 | ) | | $ | (91,950 | ) |
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