Desktop Metal Announces First Quarter 2022 Financial Results

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Desktop Metal (DM) Misses Q1 EPS by 9c

May 10, 2022 7:38 AM EDT

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... More