Welcome to our dedicated page for Desktop Metal news (Ticker: $DM), a resource for investors and traders seeking the latest updates and insights on Desktop Metal stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Desktop Metal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Desktop Metal's position in the market.
Rhea-AI Summary
Dimension Inx (DM) has successfully implanted its innovative CMFlex material in multiple patients, marking a significant milestone in regenerative therapeutics. CMFlex, the first 3D printed regenerative bone graft product cleared by the FDA, eliminates the need for invasive bone harvesting and shaping. The product has been used in jaw surgeries and dental socket preservation cases, showcasing its versatility and potential impact on the medical industry. Dimension Inx's co-founders, Dr. Ramille Shah and Dr. Adam Jakus, have been instrumental in the development and manufacturing of CMFlex, demonstrating the company's commitment to cutting-edge medical solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.53%
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Rhea-AI Summary
Desktop Metal, Inc. (NYSE: DM) received a notice from the NYSE on November 22, 2023, indicating non-compliance with the NYSE's continued listing standards due to the average closing price of its common stock being less than $1.00 over a consecutive 30 trading-day period. The notice does not lead to immediate delisting, allowing a six-month period for Desktop Metal to regain compliance. The company intends to consider alternatives, including a reverse stock split, to cure the stock price non-compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.53%
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Rhea-AI Summary
Desktop Metal, Inc. (NYSE: DM) announced cost reductions and Q3 2023 financial results, with revenue of $42.8 million, GAAP gross margin of 4.5%, non-GAAP gross margin of 21.9%, and cash at $108.2 million. Full-year 2023 guidance revised to revenue of $187 to $207 million and adjusted EBITDA between $(70) to $(50) million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.83%
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Rhea-AI Summary
Desktop Metal, Inc. (NYSE: DM) has rescheduled its earnings call to 7:00 a.m. ET on November 9, 2023, to align with the timing of the Company's earnings release.
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Rhea-AI Summary
Desktop Metal, Inc. (NYSE: DM) will report Q3 2023 financial results on November 9, 2023. A summary presentation will be available online. A conference call will be held at 12:00 p.m. ET to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.49%
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Rhea-AI Summary
Desktop Health's 3D-Bioplotter Manufacturer Series was used by Hannover Medical School's ENT clinic to produce a customized ear implant with drug release benefits for an adult patient. This marks the first time the 3D-Bioplotter has been used to customize an ear implant for a patient's individual anatomy. The clinic's achievement is seen as a pioneering advancement in patient care.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.85%
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Rhea-AI Summary
Desktop Metal collaborates with Schaeffler AG on additive manufacturing of multi-material powders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.76%
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Rhea-AI Summary
Desktop Metal launches ETEC Pro XL, a premium polymer DLP printer at a price below $40,000. The printer offers extreme accuracy, resolution, and surface finish in a large build area with high throughput speeds. It features a 4K ultra high-definition projector, HyperPrint technology for faster print times, and compatibility with a wide range of industrial, jewelry, and health photopolymers. The ETEC Pro XL is based on the reliable chassis of the EnvisionTEC Perfactory and is Additive Manufacturing 2.0 enabled.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
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Rhea-AI Summary
Desktop Metal terminates merger agreement with Stratasys Ltd.
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Desktop Health's Flexcera Smile Ultra+ dental resin is now available for purchase in Europe after receiving Class IIa medical device certification under EU MDR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
Desktop Metal, Inc.
NYSE:DM
DM Rankings
DM Stock Data
282.36M
226.67M
23.29%
48%
19.78%
Other Industrial Machinery Manufacturing
Manufacturing
United States of America
BURLINGTON
About DM
desktop metal is reinventing the way design and manufacturing teams produce metal parts - from prototyping through mass production. our team is built around the disciplines of materials science, hardware and software engineering, and design. we have raised $212 million in equity funding with investment from technology leaders including google, bmw, lowe’s, and kleiner perkins caufield & byers. in 2017, the company was selected as one of the world’s 30 most promising technology pioneers by world economic forum, and was recently named to mit technology review’s list of 50 smartest companies. located just outside of boston we are assembling a team of experts and are looking to hire curious and driven engineers, scientists, and designers.