Additive manufacturing technology developer Desktop Metal Inc. announced an additional $50 million in cost cuts for 2023, adding that it will prioritize near-term revenue generation, but still ...
Desktop Metal is facing financial difficulties, recently announcing another round of cost-cutting and positioning itself to raise capital. Market headwinds, including higher interest rates and ...
BURLINGTON, Mass., July 28, 2025 /PRNewswire/ -- Desktop Metal, Inc. and its U.S. affiliates (together, "Desktop Metal" or the "Company"), a manufacturing company specializing in production-volume ...
Burlington-based 3-D printing company Desktop Metal is cutting more workers after its merger with rival Stratasys fell through last year. The company will lay off 20 percent of its employees, Desktop ...
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 ...