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The Board of Directors of Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or the “Company”) announced that it adopted a limited duration shareholder rights plan on May 26, 2023, which is scheduled to expire on the earlier of (i) July 24, 2024 and (ii) the effective...
2023-05-25 11:31:53 ET Last week, investors applauded 3D printer maker Stratasys ' (NASDAQ: SSYS) announcement of an apparently impressive quarter in which the company seemed to earn a $0.02 per share profit, when investors had expected a loss (which indeed happened). A few days...
2023-05-25 07:16:27 ET Stratasys ( SSY ) confirmed an agreement to acquire 3D printer company Desktop Metal ( NYSE: DM ) in an all-stock deal valued at about $1.8 billion. Desktop Metals rose 8.6% in premarket trading, while Stratasys gained 2.6%. Under the terms of...
2023-05-24 16:17:55 ET Desktop Metal ( NYSE: DM ) surged 30% in after hours trading on a report that Stratasys ( NASDAQ: SSYS ) is in discussions to purchase the 3D printer company in an all-stock deal. A deal that values the combined company at about $1.8 billion...
Toronto, Ontario--(Newsfile Corp. - May 24, 2023) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') is pleased to announce that the Company's wholly-owned subsidiary, Datametrex Electric Vehicle Solutions Inc. (" DM EVS ") has signed a partnership...
2023-05-14 02:50:45 ET Summary Desktop Metal missed both revenue and GAAP EPS expectations, with revenue significantly below expectations. We believe that the current macroeconomic environment is seriously detrimental to Desktop Metal, with interest rates unlikely to return to 0 a...
2023-05-10 21:54:09 ET Desktop Metal, Inc. (DM) Q1 2023 Earnings Conference Call May 10, 2023 16:30 ET Company Participants Jay Gentzkow - Vice President of Investor Relations Ric Fulop - Founder & Chief Executive Officer Jason Cole - Chief Financial Officer ...
2023-05-10 16:12:07 ET Desktop Metal press release ( NYSE: DM ): Q1 GAAP EPS of -$0.16 misses by $0.05 . Revenue of $41.32M (-5.5% Y/Y) misses by $7.36M . Cost reduction plan delivered significant year-over-year improvements to adjusted EBITDA and operating cas...
Revenue of $41.3 million, with a growing number of repeat purchases from customers with multi-machine fleets of our Additive Manufacturing 2.0 systems Cost reduction plan delivered significant year-over-year improvements to adjusted EBITDA and operating cash flow in first quarter 2023 Com...
Toronto, Ontario--(Newsfile Corp. - May 4, 2023) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex'') is pleased to announce the appointment of Mr. Charles Park, CFA, as the Chief Operating Officer (COO) of the Company. Mr. Park's appointment is part ...
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Toronto, Ontario--(Newsfile Corp. - July 30, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is pleased to announce that it has been granted an extension to complete its previously announced (June 13, 2024, and July 3, 2024) non-broke...
Revenue of $38.9 million compared to $53.3 million for the same period a year ago Q2 net loss of $(103.4) million, impacted by one-time noncash charges related to accelerated amortization and depreciation on certain intangible and fixed assets Adjusted EBITDA of $(13.2) million, an improv...
Launched in 2021, Flexcera is a family of popular, FDA 510(k) cleared nanoceramic polymers used for 3D printing restorative and removable dental products Flexcera Smile Ultra+ dental resin is an essential All-on-X product, enabling dental professionals to deliver strong and lifelike impla...