Velo3D, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 1.81 million compared to USD 29.78 million a year ago. Net loss was USD 58.23 million compared to net income of USD 22.61 million a year ago.

Basic loss per share from continuing operations was USD 0.28 compared to basic earnings per share from continuing operations of USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.28 compared to diluted earnings per share from continuing operations of USD 0.11 a year ago.