Strong Revenue Growth
Revenue for the quarter was $25.8 million, representing a year-over-year growth of approximately 72% compared to $15 million in the second quarter of 2024.
Successful Acquisition Integration
The integration of Markforged is progressing as planned, contributing $16.1 million in revenue and aligning operations to identify synergies.
Strategic Partnerships and Orders
Completed a critical defense order valued at approximately $3 million and expanding partnership with Nestle to use Markforged systems across multiple U.K. sites.
Strong Financial Position
Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, providing flexibility to pursue strategic options.