Sees FY24 gross margin in 20%-30%, with Q4 gross margin of about 30%, excluding non-recurring charges related to its cost reduction initiatives.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VLD:
- Options Volatility and Implied Earnings Moves Today, March 26, 2024
- Options Volatility and Implied Earnings Moves This Week, March 26 – March 28, 2024
- VLD Upcoming Earnings Report: What to Expect?
- Cytek Biosciences Velo3D names McCombe as Chief Financial Officer
- Velo3D Expands Share Offering with Needham to $75 Million