S&P 500 cuts losses as Nvidia climbs ahead of results
Investing.com - Velo3D reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Velo3D announced earnings per share of $-0.120 on revenue of $19.1M. Analysts polled by Investing.com EPS of $-0.110 on revenue of $23.53M.
Velo3D 's are down 35% and is trading at $2.930 , still down 73.90% from its 52 week high of $12.95 set on Friday, November 19, 2021.
Velo3D follows other major Industrials sector earnings this month
Velo3D's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, for EPS of $2.16 on revenue of $8.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar