Markforged Announces Second 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 Six Months Ended June 30, 2024 and 2023 |
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(In thousands) |
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Three Months Ended June 30, | |
Six Months Ended June 30, |
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2024 | | | |
2023 | | | |
2024 | | | |
2023 | |
| Net loss | $ | (14,398 | ) | | $ | (18,988 | ) | | $ | (50,344 | ) | | $ | (38,007 | ) |
| Other comprehensive loss, net of taxes: | | | | | | | |
| Unrealized loss on available-for-sale marketable securities, net | | — | | | | 25 | | | | — | | | | (25 | ) |
| Foreign currency translation adjustment | | 55 | | | | (1,704 | ) | | | (986 | ) | | | (1,546 | ) |
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Total comprehensive loss | $ | (14,343 | ) | | $ | (20,667 | ) | | $ | (51,330 | ) | | $ | (39,578 | ) |
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