Investing.com - Desktop Metal (NYSE: DM) reported third quarter EPS of $-0.14, $0.09 worse than the analyst estimate of $-0.05. Revenue for the quarter came in at $42.8M versus the consensus estimate of $52.28M.
Guidance
Desktop Metal sees FY 2023 revenue of $187.00M-$207.00M versus the analyst consensus of $212.60M.
Desktop Metal's stock price closed at $0.91. It is down -43.83% in the last 3 months and down -52.85% in the last 12 months.
Desktop Metal saw 1 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See Desktop Metal's stock price’s past reactions to earnings here.
According to InvestingPro, Desktop Metal's Financial Health score is "weak performance".
Check out Desktop Metal's recent earnings performance, and Desktop Metal's financials here.
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