$Desktop Metal Inc.(DM)$Results Released.... looking good , looking for some performance on the stock today !!!
Revenue up 68% from the first quarter of 2021 to $19.0 million
GAAP gross margin of 12%; non-GAAP gross margin of 25%
Customer adoption momentum as new customers grew 44% sequentially from the first quarter of 2021
Accelerating metal systems shipments, including strong growth across Production System P-1, Shop System, and Studio System 2
Acquired Aerosint, adding multi-material capabilities to AM 2.0 portfolio
Acquired Beacon Bio, adding PhonoGraft biofabrication platform to Desktop Health portfolio
Robust liquidity position with cash, cash equivalents and short-term investments of $514.5 million as of June 30, 2021
Desktop Metal enters into definitive agreement to acquire The ExOne Company
View source version on businesswire.com: https://www.businesswire.com/news/home/20210811005853/en/
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