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Shapeways sees Q1 revenue at $7.8M-$8.1M, consensus $8.7M

The Company "will continue to be highly focused on achieving profitability and managing cash burn while expanding its digital manufacturing platform throughout 2023 by leveraging its investments made in 2022. The investments are expected to result in a ramp in sales in the future and are anticipated to continue to pressure margins in the first quarter of 2023 with an expected margin recovery starting in the second quarter of 2023."

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Published first on TheFly

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