Desktop Metal Announces First Quarter 2024 Financial Results
Desktop Metal, Inc. Class A (DM)
Last desktop metal, inc. class a earnings: 11/1 07:31 am
Check Earnings Report
US:NYSE Investor Relations:
dommidstream.com/investors
Company Research
Source: Business Wire
Revenue of $40.6 million, down less than 2% year over year1Q 2024 net loss of $(52.1) million, impacted by one-time noncash charges related to accelerated amortization and depreciation on certain intangible and fixed assetsAdjusted EBITDA of $(13.6 million), a year-over-year improvement of 44%Ongoing cost reduction efforts continue to yield improvements to adjusted EBITDA, gross margins, non-GAAP gross margins, operating expenses, and operating cash flowQuarterly GAAP operating expenses declined 7% year over year. Quarterly non-GAAP operating expenses declined for nine consecutive quarters to $28.6 million, down 45% from the quarter before start of DM’s cost reduction initiativeContinue to explore strategic alternatives for Desktop Metal’s photopolymer portfolio to accelerate the path to positive adjusted EBITDA BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial resul
Show less
Read more
Impact Snapshot
Event Time:
DM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DM alerts
High impacting Desktop Metal, Inc. Class A news events
Weekly update
A roundup of the hottest topics
DM
News
- RAPID + TCT 2024 Executive Perspectives Keynote Series Announced [Yahoo! Finance]Yahoo! Finance
- Wisconsin-Based Evology Manufacturing Adopts Digital Sheet Metal Forming Technology from Desktop Metal [Yahoo! Finance]Yahoo! Finance
- Wisconsin-Based Evology Manufacturing Adopts Digital Sheet Metal Forming Technology from Desktop MetalBusiness Wire
- Desktop Metal, Inc. (NYSE:DM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Desktop Metal Announces Highly Anticipated Release of Binder Jet 3D Printing Upgrade to Manufacture Reactive Metal Parts, including Titanium and Aluminum [Yahoo! Finance]Yahoo! Finance
DM
Earnings
- 11/9/23 - Miss
DM
Sec Filings
- 5/31/24 - Form 4
- 5/30/24 - Form SD
- 5/20/24 - Form 4
- DM's page on the SEC website