Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2022. "Desktop Metal continued to build on its momentum in the second quarter, delivering record revenue of $57.7 million and expanding non-GAAP gross margins to 26.7%," said Ric Fulop, Founder and CEO of Desktop Metal. "Our strong financial results represent the strength and breadth of our unmatched AM 2.0 portfolio as our team continues to execute at a high level in a dynamic macro environment."
With manufacturers across industries racing to enlarge and diversify a client base, every new technology or process could mean another step towards reaching the full potential of their products or services, providing a valuable competitive advantage. Realizing the growing need for functionality enhancements due to the lack of 3D geometry support and extended time for manual cost scenario preparation, the client selected AMC Bridge as an industry professional capable of moving their existing cost estimation system to a new technological level.
Siemens and Desktop Metal, Inc., global leaders in digitalization and additive manufacturing technologies, announced a multi-faceted partnership aimed at accelerating the adoption of additive manufacturing for production applications with a focus on the world’s largest manufacturers.
The reliability and robustness of a product or service are always of utmost importance for manufacturers who strive to enlarge their client base and deliver a competitive advantage to their end users. Recognizing AMC Bridge as an experienced partner with deep knowledge of specific manufacturing processes, the client reached out to the AMC Bridge team to increase the operational performance of their cost estimation system.