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Stock impact report

Fathom Digital Manufacturing Reports First Quarter 2022 Financial Results

Fathom Digital Manufacturing Corporation Class A (FATH) 
Company Research Source: Business Wire
First Quarter 2022 HighlightsRevenue increased 32.8% to $40.5 millionTotal orders increased 17% to $43.8 millionNet income totaled $17.8 million; adjusted net loss1 totaled $2.0 millionAdjusted EBITDA1 was $6.2 million, representing an Adjusted EBITDA margin1 of 15.2%Reaffirmed financial guidance for full year 2022 HARTLAND, Wis.--(BUSINESS WIRE)--Fathom Digital Manufacturing Corp. (NYSE: FATH), an industry leader in on-demand digital manufacturing services, today announced financial results for the three months ended March 31, 2022. Three Months Ended($ in thousands)3/31/20223/31/2021Revenue$40,541$30,534Net income (loss)$17,839$(500)Adjusted net income (loss)1$(1,984)$2,060Adjusted EBITDA1$6,178$7,709Adjusted EBITDA margin115.2%25.2%1See “Non-GAAP Financial Information.” Reconciliations of non-GAAP financial measures are included in the appendix“Fathom delivered positive results in its first full quarter as a public company,” said Ryan Martin, Fathom Chief Executive Officer. “We Show less Read more
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