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Desktop Metal Q1 2023 Earnings Report

Desktop Metal logo
$3.43 -0.19 (-5.25%)
(As of 12/17/2024 ET)

Desktop Metal EPS Results

Actual EPS
-$1.10
Consensus EPS
-$1.00
Beat/Miss
Missed by -$0.10
One Year Ago EPS
N/A

Desktop Metal Revenue Results

Actual Revenue
$41.32 million
Expected Revenue
$47.95 million
Beat/Miss
Missed by -$6.63 million
YoY Revenue Growth
N/A

Desktop Metal Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Desktop Metal Earnings Headlines

StockNews.com Upgrades Desktop Metal (NYSE:DM) to Hold
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Desktop Metal Earnings: What To Look For From DM
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About Desktop Metal

Desktop Metal (NYSE:DM) manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and tools; and P-Series offers high-speed metal 3D printing. It also provides Einstein series, designed for dental professionals which offers 3D printing; ETEC Xtreme 8K platform, a DLP printer with two 385 nm overhead projectors for high-volume production; ETEC Pro XL for industrial polymer 3D printer; S-Max and S-Max Pro platforms, which provides digital casting solutions; and 3D-Bioplotter platform which offers biofabrication solution. In addition, the company offers binder jetting materials, photopolymer resins, BMD materials, and bioprinting materials. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, research and development, and other industries. Desktop Metal, Inc. was founded in 2015 and is headquartered in Burlington, Massachusetts.

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