Desktop Metal (DM) Misses Q1 EPS by 9c

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Go back to Desktop Metal (DM) Misses Q1 EPS by 9c

Desktop Metal Announces First Quarter 2022 Financial Results

May 10, 2022 7:30 AM EDT

Revenue growth of 286% from the first quarter of 2021 to $43.7 million Commenced shipments of Production System P-50 Installed initial Production System P-1 in China at a hyperscale account with technical and commercial developments across multiple sizable opportunities Launched the all-new S-Max Flex for affordable and scalable digital sand casting Reaffirming full year 2022 guidance of approximately $260 million for revenue, representing 131% growth from 2021, and approximately $(90) million for adjusted EBITDA

BOSTON--(BUSINESS WIRE)-- Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the quarter ended March... More