Desktop Metal (DM) reported Q1 EPS of ($0.22), $0.09 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $43.7 million versus the consensus estimate of $41.61 million.
GUIDANCE:
Desktop Metal sees FY2022 revenue of $260 million.
- Reaffirming revenue expectation of approximately $260 million for 2022, representing 131% growth from 2021
- Reaffirming adjusted EBITDA expectation of approximately $(90) million for 2022