- Shapeways press release (NASDAQ:SHPW): Q4 GAAP EPS of -$1.52.
- Revenue of $9.45M (+8.5% Y/Y) beats by $0.2M.
- Adjusted EBITDA was $(5.1) million compared to $(5.8) million for the same period in 2022
- The Company recognized non-cash impairments during the quarter. These included $3.0 million related to equipment that is being held for sale, as well as $1.1 million goodwill impairment related to the purchase of MFG, which we believe has declined in value due to current market conditions and based on feedback from our strategic alternatives process.
- Outlook: For the first quarter of 2024, the Company anticipates revenue to be in the range of $8.3 million to $8.6 million.