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Desktop Metal Expects 2024 Revenue Of $175M-$215M Vs. $194M Consensus; Sees Adjusted EBITDA Of $(30)M-$(10)M

Author: Benzinga Newsdesk | March 15, 2024 07:12am

Financial Outlook

  • Revenue expectation of between $175 million to $215 million for 2024
  • Adjusted EBITDA of between $(30) million to $(10) million for full-year 2024

Desktop Metal has not provided a reconciliation of its Adjusted EBITDA outlook to net income because estimates of all of the reconciling items cannot be provided without unreasonable efforts. See “Non-GAAP Financial Information.”

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