Markforged Q4 revenue $24.2M (-18% YoY), net loss $14.2M; appoints Assaf Zipori as permanent CFO

Markforged Holding Corp

Revenue Q4 $24.2M, down 18.5% YoY from $29.7M; full year $93.8M vs $101.0M.
GAAP net loss Q4 $14.2M vs $10.7M loss YoY; non-GAAP net loss improved to $11.6M from $13.3M.
Cash dropped from $167.9M to $116.9M; used $48.9M operating cash in 2023.
Assaf Zipori appointed CFO effective March 5, after serving as acting CFO since May 2023.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Assaf Zipori

Chief Financial Officer

Markforged Holding Corp

Effective: 2024-03-05
Filed: March 7, 2024, 6:59 PM ET

Effective March 5, 2024, Assaf Zipori, was appointed Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Markforged Holding Corp reported financial results for the fourth quarter and year ended December 31, 2023.

Period: the fourth quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On March 7, 2024 Markforged Holding Corporation (the "Company") announced its financial results for the fourth quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Assaf Zipori was appointed as Chief Financial Officer at Markforged Holding Corp.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Effective March 5, 2024, Assaf Zipori, was appointed Chief Financial Officer.

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24 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0000950170-24-028036

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