Articles tagged with "3D Printing, Velo3D Earnings, Additive Manufacturing, Q2 Financials, EBITDA Growth"

3D Printing Financials: Velo3D Grows Revenue in Q2, Targets 2026 EBITDA Breakeven

Velo3D's Q2 earnings report shows revenue growth and reduced losses compared to the previous year, signaling a positive trend following a challenging 2024. The company aims to achieve EBITDA profitability by the first half of 2026 through increased orders, improved margins, and cost control. Velo3D's revenue for Q2 was $13.6 million, up 32% year-over-year, with a significant portion coming from new customers in the space and defense sectors. Strategic partnerships and agreements with companies like SpaceX, Momentus, and Amaero are driving growth, reflected in the company's growing backlog. Despite stock price declines, Velo3D remains focused on operational discipline and expects to reach positive EBITDA by 2026.