3D printer manufacturer Markforged (MKFG) has published Q2 2022 financial statements showing a revenue increase of 18.6%.
Over the quarter, Markforged earned $24.2 million in revenue, $3.8 million more than it reported in Q2 2021, and a rise of $2.3 million quarter-on-quarter. During the firm’s Q2 2022 earnings call, its CEO Shai Terem explained how this growth was driven by “strong demand” for the Markforged FX20 3D printer, especially among those trying to combat supply issues by creating “industrial-strength parts at point of need.”
“Demand for The Digital Forge continues to grow,” said Terem. “Our customers realize the value of our additive solutions as they solve for a growing number of applications with high-quality parts. We continue to make great strides in executing on our strategy thanks to great efforts from our talented team, and feel very confident in…
