Desktop Metal (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
