Desktop Metal (DM) Misses Q3 EPS by 17c
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Desktop Metal Announces Third Quarter 2021 Financial Results
November 15, 2021 4:05 PM ESTRevenue growth of 34% from the second quarter of 2021 to $25.4 million GAAP gross margin of 16%; non-GAAP gross margin of 27% Closed ExOne acquisition, cementing leadership in additive manufacturing for mass production Acquired Meta Additive, adding next-generation functional binder technology focused on reducing shrinkage during sintering Acquired Aidro, adding AM design and high-volume production capabilities for manifolds, hydraulics, and fluid power systems
BOSTON--(BUSINESS WIRE)-- Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the third quarter ended September 30, 2021.
During the third quarter, we... More
