Desktop Metal: Q1 Earnings Insights

Desktop Metal DM reported its Q1 earnings results on Tuesday, May 10, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Desktop Metal missed estimated earnings by 7.69%, reporting an EPS of $-0.14 versus an estimate of $-0.13.

Revenue was up $32.39 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 5.82% increase in the share price the next day.

Here's a look at Desktop Metal's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.09	-0.09	-0.09	-0.12
EPS Actual	-0.12	-0.10	-0.08	-0.25
Revenue Estimate	49.58M	28.63M	19.07M	9.42M
Revenue Actual	56.68M	25.44M	18.98M	11.31M

To track all earnings releases for Desktop Metal visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar