Desktop Metal (DM) Misses Q1 EPS by 1c, Revenues Misses; Reaffirms FY Revenue

Desktop Metal (NYSE: DM) reported Q1 EPS of ($0.09), $0.01 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $41.3 million versus the consensus estimate of $48.66 million.

GUIDANCE:

Desktop Metal reaffirms FY2023 revenue of $210-260 million, versus the consensus of $237.52 million.

For earnings history and earnings-related data on Desktop Metal (DM) click here.

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