BUZZ-Velo3D jumps after Q1 revenue beat

Velo3D

Velo3D

VELO

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** Shares of Velo3D VELO.O climbs 23.4% at $17.35 premarket

** The 3D-printing tech firm posted Q1 rev of $13.80 mln on Tuesday; analysts on an average expected $9.85 mln, according to data compiled by LSEG

** 3D printer and parts revenue soared 60% from a year earlier as VELO sold more systems at higher average selling prices

** As of last close, VELO stock up 2.3% YTD


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