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Thursday, 08/12/2021 9:38:19 AM

Thursday, August 12, 2021 9:38:19 AM

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https://ir.desktopmetal.com/news/press-releases/detail/69/desktop-metal-announces-second-quarter-2021-financial

Revenue up 68% from the first quarter of 2021 to $19.0 million



Outlook for Full Year 2021:
Reiterating expectation of over $100 million of revenue for 2021, exiting the year with an annualized revenue run rate of $160 million, excluding the effects of acquiring ExOne
Adjusted EBITDA in the range of $(70)–(80) million, excluding the effects of acquiring ExOne



Conference Call Information:

Desktop Metal will host a joint conference call on August 11, 2021 at 4:30 p.m. EST to discuss second quarter 2021 results and the ExOne acquisition announcement. Participants may access the call at 1-877-300-8521, international callers may use 1-412-317-6026, and request to join the Desktop Metal financial results conference call. A simultaneous webcast of the conference call, financial results presentation, and transaction overview presentation may be accessed online from a link in the Events & Presentations section of https://ir.desktopmetal.com. A replay will be available shortly after the conclusion of the conference call at the same website.

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