|Bid||2.5000 x 21500|
|Ask||2.6400 x 4000|
|Day's Range||2.5200 - 2.8182|
|52 Week Range||1.2600 - 9.8200|
|Beta (5Y Monthly)||0.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 14, 2022 - Mar 18, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.38|
Desktop Metal (NYSE: DM) stamped out its latest set of quarterly earnings Tuesday morning, and investors were figuring out just what to make of them. As of mid-afternoon trading, Desktop Metal's shares were flat against the previous day's close. For the quarter, Desktop Metal posted record revenue of just under $58 million -- more than triple the nearly $19 million in the same quarter last year and slightly above analyst estimates.
Desktop Metal, Inc. (DM) delivered earnings and revenue surprises of -25% and 3.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
BOSTON, August 08, 2022--Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2022.