Desktop Metal (DM) Misses Q1 EPS by 9c

Desktop Metal (NYSE: DM) reported Q1 EPS of ($0.22), $0.09 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $43.7 million versus the consensus estimate of $41.61 million.

GUIDANCE:

Desktop Metal sees FY2022 revenue of $260 million.

• Reaffirming revenue expectation of approximately $260 million for 2022, representing 131% growth from 2021
• Reaffirming adjusted EBITDA expectation of approximately $(90) million for 2022

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

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• Eikon Therapeutics, Inc. (EIKN) Misses Q2 EPS by 163c
• Innovaro (INV) Misses Q2 EPS by 9c