Financial Reports
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While the overall numbers remain those of a niche industry, most public metals AM companies are healthy reporting growth, especially those that make large machines. After Velo3D last week, now SLM Solutions also reported a strong order intake in Q2 2022 of €22.6 million, up 100% YoY (Q2 2021: €11.3…
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Voxeljet AG (NASDAQ: VJET), a provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, reported that second-quarter revenues increased 35.4% to €6.7 million from €4.9 million. Revenues for the six months ended June 30, 2022, increased by 25.9% to €11.3 million compared to €9…
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In the second quarter and first half of the current financial year, AM service provider Fathom Digital Manufacturing continued to report strong growth of its business across the board. Revenue for the second quarter of 2022 was $42.0 million compared to $35.9 million in the second quarter of 2021, an…
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Desktop Metal has 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…
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Stratasys Q2 2022 revenues totaled $166.6 million, a 13.3% growth over the second quarter of 2021 (16.4% on a constant currency basis), making it the highest second-quarter revenue result in four years. Stratasys (Nasdaq: SSYS), a leader in polymer 3D printing solutions, also reported second-quarter GAAP net loss of $24.4…
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According to a story that we first saw on MarketWatch, authored by WSJ journalist Will Feuer, production AM hardware manufacturer Desktop Metal will lay off 160 staff, which is about 12% of its current workforce, as it seeks to control costs after a string of acquisitions last year. While Desktop Metal…
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Total revenues at voxeljet AG (NASDAQ: VJET), a provider of high-speed, large-format 3D printers and on-demand parts services, increased 14.3% to €4.6 million. The Voxeljet Q1 2022 results are due to an impressive YoY jump in the services revenues category, where sales in the quarter grew by 63.3%. The downside…
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AM industry leader 3D Systems Q1 2022 revenue of $133.0 million declined 9.0% compared to Q1 2021 driven solely by divestitures of non-core assets. Adjusted for divestitures, revenue increased 10% compared to Q1 2021, reflecting continued strength in both the Industrial and Healthcare Solutions segments. Adjusted EBITDA margin(1) of 1.4%…
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Xometry, a leading global AI-enabled digital manufacturing marketplace, has reported its financial results for the first quarter of 2022, which ended on March 31. The Xometry Q1 2022 results showed an impressive 90% year-over-year revenue growth, with total sales amounting to $83.7 million for the quarter “In Q1 2022, Xometry…
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Fathom Digital Manufacturing Corp. (NYSE: FATH), an industry leader in on-demand digital manufacturing services, reported very positive results in its first full Q1 as a public company, with revenue increasing by 32.8% to $40.5 million and total orders increased by 17% to $43.8 million. The company recently published results for…
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