Markforged Announces Third Quarter 2024 Results
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MARKFORGED HOLDING CORPORATION |
CONDENSED CONSOLIDATED STATEMENTS OF |
COMPREHENSIVE INCOME (LOSS) |
For the Three and Nine Months Ended September 30, 2024 and 2023 |
(In thousands) |
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|
Three Months Ended September 30, | |
Nine Months Ended September 30, |
| |
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 | ) |
Total comprehensive income (loss) | $ | (22,476 | ) | | $ | (52,372 | ) | | $ | (73,806 | ) | | $ | (91,950 | ) |
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