Markforged Holding Corporation (NYSE:MKFG) Q3 2023 Earnings Call Transcript

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Blake Keating: Understood. And then just lastly, I know you guys have kind of mentioned that you expect — you’re encouraged by what you’re seeing so far for 2024. But can you provide additional detail on how we should think about growth in 2024? Are you — you kind of touched how you’re going to balance revenue growth and profitability. But is there any more focus with the macro where it is on profitability? Or how should we think about that?

Shai Terem: Yes. So I would say the macro uncertainties are still out there, and we cannot control them. With that, especially coming out of Formnext, we are coming with a very strong product portfolio, which is complementary to our legacy product portfolio. And we really believe that we can still grow even in a tough environment and especially because some of the new products are in the right price point. So we believe we’re in the right direction, but the final will be decided by the macro environment and how it clears up.

Blake Keating: Got it. I’ll pass it along. Thank you.

Shai Terem: Thank you.

Operator: Thank you. Ladies and gentlemen, there are no further questions at this time. I’ll hand the floor back to management for closing remarks.

Shai Terem: Thank you very much, everyone, for joining us on our call. And looking forward to see you in our next quarter. Thank you.

Operator: Thank you. This concludes today’s conference. All parties may disconnect. Have a good day.

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