Desktop Metal Earnings: What to Watch on Wednesday After the Market Close

Desktop Metal (NYSE: DM) is slated to report its second-quarter 2021 results after the market close on Wednesday, Aug. 11. An analyst conference call is scheduled for the same day at 4:30 p.m. EDT.

This will be the 3D printing company's third quarterly report since going public in December 2020 via a reverse merger with a special purpose acquisition company (SPAC). 

Investors will probably be approaching the report on a mixed note. On the positive side, 3D Systems on Monday released Q2 results that beat Wall Street expectations on both the top and bottom lines, and Stratasys did the same last week. The better-than-expected results for these two larger 3D printing companies suggest that conditions in the overall industry are improving. (That said, investors should keep in mind these are long-established companies, while Desktop Metal was founded in 2015.)

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Source Fool.com