NasdaqCM:VELOMachinery
Velo3D (VELO) Stock Jumps As Margin Recovery Fuels 2026 Turnaround Hopes
Velo3D stock jumped about 10% to US$15.10 after earnings, a sharp move for a company that has been volatile over the past quarter. Short term traders are reacting to a quarter where revenue reached US$20.7 million and gross margin moved into positive territory at 21.5% for this metal 3D printing player.
The bigger story for long term investors sits in the guidance. Management now projects full year 2026 revenue of US$65 million to US$75 million and is targeting positive earnings before...