Desktop Metal: Evidence Points Toward Further Deterioration [Seeking Alpha]
Desktop Metal, Inc. Class A (DM)
Last desktop metal, inc. class a earnings: 11/1 07:31 am
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US:NYSE Investor Relations:
dommidstream.com/investors
Company Research
Source: Seeking Alpha
Market headwinds, including higher interest rates and manufacturing weakness, continue to impact the Company's business. While the stock has been down significantly over the past 12 months, DM's valuation is still high given the problems facing the business. Desktop Metal's ( NYSE: DM ) problems appear to be escalating , with the company recently announcing another round of cost-cutting measures and delaying the release of its fourth quarter results. Dilution and a reverse stock split also appear to be on the horizon, which will likely further pressure the share price. Much of this appears to be the result of market headwinds, which could begin to ease in 2024. While this could provide a favorable setup going forward, Desktop Metal is under financial stress and its ongoing struggles are undermining investor confidence. The company's valuation is not low enough given these factors, creating too much downside risk, with insufficient potential upside to warrant an investment. Ma
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High impacting Desktop Metal, Inc. Class A news events
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DM
News
- Desktop Health™ Announces Flexcera™ Family Resins Validated for Asiga® 3D Printers, Increasing Global Access to Premium Digital Dental ApplicationsBusiness Wire
- Desktop Metal to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024Business Wire
- Desktop Health Launches ScanUp™ Digital Dentistry Adoption Subscription Program to Modernize Dental Practice Efficiency and Patient Care [Yahoo! Finance]Yahoo! Finance
- Desktop Health Launches ScanUp™ Digital Dentistry Adoption Subscription Program to Modernize Dental Practice Efficiency and Patient CareBusiness Wire
- Desktop Metal, Inc. (NYSE:DM) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
DM
Earnings
- 11/9/23 - Miss
DM
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form SC
- 4/23/24 - Form 4
- DM's page on the SEC website