Desktop Metal (DM) Misses Q1 EPS by 13c
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Desktop Metal Announces First Quarter 2021 Financial Results
May 17, 2021 4:05 PM EDTRevenue up 35% from the fourth quarter of 2020 to $11.3 million Expanded materials portfolio to over 225 materials across metals, composites, polymers, ceramics, biocompatible materials, and now wood and elastomers Accelerated customer adoption, adding more customers in the first quarter of 2021 than all of 2020 combined Introduced Forust process for high-volume production of printed wood parts Launched Flexcera as the first major product line for dental applications from Desktop Health and received FDA 510(k) clearance for Flexcera Base Acquired Adaptive3D, a category-leader in printable elastomers and rubber materials Robust liquidity position with cash, cash... More
