Desktop Metal, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 42.75 million compared to USD 47.09 million a year ago. Net loss was USD 46.37 million compared to USD 60.77 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.19 a year ago.
For the nine months, revenue was USD 137.35 million compared to USD 148.47 million a year ago. Net loss was USD 148.74 million compared to USD 427.99 million a year ago. Basic loss per share from continuing operations was USD 0.46 compared to USD 1.36 a year ago.