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DOMINION ENERGY - DM STOCK NEWS

Welcome to our dedicated page for DOMINION ENERGY news (Ticker: DM), a resource for investors and traders seeking the latest updates and insights on DOMINION ENERGY stock.

Desktop Metal Inc (NYSE: DM) is a leader in advanced additive manufacturing, transforming metal and carbon fiber production through innovative 3D printing solutions. This page provides investors and industry professionals with timely updates on corporate developments shaping the future of manufacturing technology.

Access official press releases, financial announcements, and strategic partnership updates in one centralized location. Track key initiatives ranging from new product launches to sustainability efforts, all critical for understanding DM's market position in sectors like automotive and industrial equipment.

Content includes earnings reports, regulatory filings, technology breakthroughs, and executive insights. Our curated news collection ensures you stay informed about DM's progress in making high-volume 3D printing accessible worldwide.

Bookmark this page for direct access to verified information from Desktop Metal. Regularly updated to reflect the company's latest advancements in materials science and production scalability.

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Desktop Metal announced the launch of a Reactive Safety Kit for the Production System P-1, enabling safe, high-speed 3D printing of titanium and aluminum parts. The P-1 with Single Pass Jetting™ technology can complete each part layer in less than 3 seconds, making it ideal for R&D scaling and full production. Several major manufacturers have contracts with DM to scale titanium and aluminum projects. DM is displaying the P-1 at RAPID + TCT, showcasing its capabilities.

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Desktop Health™ announced the validation of Flexcera™ Family Resins for Asiga® 3D Printers, expanding global access to premium digital dental applications. Flexcera, FDA 510(k) cleared nanoceramic polymers, are now validated on Asiga 3D printers, accelerating growth in the dental 3D printing market projected to reach $8.1B by 2029. Flexcera Smile Ultra+, Smile, and Base are now available for dental labs and practices in the US, UK, EEA, and Canada, delivering innovative and high-quality solutions.

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Desktop Metal, Inc. (NYSE: DM) will release its financial results for the first quarter of 2024 on May 9, 2024. The company will host a conference call to discuss the results at 8:30 a.m. ET. Participants can access the call online or via phone. A summary presentation will be available on the Investor Relations website.

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Desktop Health, a brand of Desktop Metal, launches ScanUp program to help dentists adopt digital technologies. The program offers an iTero Element Flex scanner and comprehensive digital dentistry support. The total contract value of dentists signed up exceeds $32 million.
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Desktop Metal, Inc. (NYSE: DM) reported a revenue of $52.3 million for Q4 2023, down from $60.6 million year-over-year. The company saw improvements in net loss, adjusted EBITDA, gross margins, operating expenses, and operating cash flow. Despite a net loss of $(323.4) million in 2023, there was a significant improvement from $(740.3) million in 2022. Desktop Metal initiated cost reduction efforts totaling over $150 million, leading to positive results. The company's adjusted EBITDA of $(9.2) million marked a 56% year-over-year improvement, the strongest quarterly performance to date. Cash reserves closed at $84.5 million, with a 25% decrease in cash consumption compared to the previous year. The company provided a full-year 2024 revenue guidance of $175-$215 million and adjusted EBITDA between $(30)-$(10) million, aiming for breakeven in the second half of 2024.
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Desktop Metal, Inc. (NYSE: DM) will report financial results for Q4 and full year 2023 on March 15, 2024. A conference call will be held to discuss the results.
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Evonik and Desktop Metal collaborate to qualify INFINAM® ST 6100 L for 3D printing on ETEC Xtreme 8K and Pro XL, offering high-strength photopolymer resin for aerospace, automotive, and electronics industries.
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Desktop Health, a subsidiary of Desktop Metal, Inc. (NYSE: DM), introduces Flexcera Base Ultra+, a stronger 3D printable resin for gingiva fabrication in dentures. The updated formulation offers improved durability, fit, and aesthetics, with 50% more strength and 70% greater resistance to deformation. This innovation aims to revolutionize the dentures market, which is projected to grow at a CAGR of 7.5% from 2024 to 2030, reaching $4.6B. Flexcera Base Ultra+ is FDA 510(k) Class II cleared, CE Marked, and MDR Class I certified, catering to the increasing demand for digital denture solutions.
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Desktop Metal, Inc. (NYSE: DM) announced a $50 million cost-reduction plan, including a 20% workforce reduction, to align its cost structure to current market dynamics. The company aims to generate positive cash flow and achieve sustainable profitability amidst a downturn in the additive manufacturing industry. The plan anticipates additional annualized cost savings of $50 million, with the majority to be realized by the end of this month. The effort is part of a broader strategic business review and other actions, including continued consolidation of facilities and product rationalization.
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Carbon (CARB) introduces new dental resins Pac-Dent Rodin™ Sculpture, Desktop Health™ Flexcera™ Base, and Keystone Industries KeyGuard™ to diversify dental labs' offerings and streamline workflows.
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DOMINION ENERGY

NYSE:DM

DM Rankings

DM Stock Data

166.04M
49.05M
39.88%
35.22%
8.54%
Computer Hardware
Special Industry Machinery, Nec
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United States
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