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3D printer manufacturer Markforged (MKFG) achieved revenue growth of 5.0% last quarter, according to its Q3 2022 financial results.
In Q3 2022, Markforged generated $25.2 million, a slight $1.2 million rise on the $24.0 million it reported in Q3 2021, and a $1.0 million increase quarter-on-quarter. CEO of the firm Shai Terem has attributed this growth to the “tremendous excitement” around its FX20 3D printer, as well as an “expansion of its addressable market.”
“Despite a challenging macro environment, we delivered another solid quarter as demand for The Digital Forge continues to grow globally,” explained Terem. “Ongoing supply chain challenges continue to be a catalyst for demand for our Digital Forge…