Velo3D Inc (VLD)

[jour_trader]

EBITDA break even moved out to end of 2023 so burning cash until then. Launch customers dragging down margin through 1H 2023 was not resolved as was pushed out 6 months. Margins took massive hit from what they just forecasted 3 months ago. Supply chain issues continue to be a major issue where pricing wasn’t used to offset since it’s a strategic decision to LOWER pricing. This would be a direct contrast to the “no competition” remark made just last quarter.