EBITDA break even is on target for 2023, company expects to turn its first profit buy next year. No cash burn as margins will grow to 45% in following quarters from 6% in Q3. Sales for machines accelerating faster than expected. 95% of the 89M revenue guidance which was increased from street estimates of 87M has already been met in Q2. What does this mean ? they have good chance of exceeding revenue projections again and possible hit a target above 100M by years end.
Looks like we will break all time highs of $13.00 by years end ! If the market reverses on today positive CPI numbers would not be surprised to see VELO 3D at over $30.00. By 2026 and according to ARK invest DCF models this stock could be worth $250.00 !!
Its a great business model to under estimate performance and over deliver ! We are one of the only companies to beat street estimates ! great news for long term share holders !!!
Hey Pal, do you see anything that attracts you to VLD, just curious why you mentioned NOTHING good about how VLD is operating. Quite positive that there is much worse out there than VLD. What's up!? Are you up set because you bought in at $11? I am very excited about VLD and made a ton of money today and will make a bunch more tomorrow! Sorry you seem kind of unhappy but in the long run I think you will be ok IF YOU ARE INVESTED IN VLD. GREAT DAY HERE ALL, enjoy.