Sapphire systems demand drives Velo3D Q4 results, stock up ~21% (NYSE:VLD.WS)

Closeup shot of raises in stock values of corporates in the stock market

Canberk Sezer

Shares of Velo3D (NYSE:VLD) climbed as much as 21% after the metal 3D printing solutions company’s fourth quarter results topped analyst consensus.

VLD posted Q4 Non-GAAP EPS of -$0.08, beating by $0.04, and revenue of $29.78M was +186.1% Y/Y and ahead of estimates by $1.72M.

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