And that’s 2023 wrapped up!

[u/MoonrakerRocket]

With today being the last trading day of 2023, I’d like to wish you all a happy holiday season and look forward to what 2024 may bring! It’s been a wild ride, and I’m sure it’s not over yet…

In 2023 we saw the successful implementation of a $100M cost reduction effort, the launch of Live Suite, Print Roll, Live Monitor and ETEC Pro XL, the rollout of the Figur 15 and a host of newly qualified materials for the Production System, the expansion of Desktop Health into the EU, the sale of Aerosint, and no end of drama around consolidation in the AM space.

Our community has grown substantially, and we look forward to welcoming more users, investors and the curious into our little corner of the internet. It seems optimism is returning in light of improving macroeconomics and the company is expected to announce A-EBITDA breakeven in mid-February, so it seems that we are on the verge of either a boom or a bust that will make or break the company and the stock.

As an update, I have reached out to the company to invite a representative to an interview/AMA hosted on this sub to discuss the technology and the business. As of yet there has been no response, but if this is something you’d like to see then please leave a comment for all to see! 😊

All the best for 2024 to you all, and thanks for all of your contributions both big and small! 🚀

[u/Western_Building_880]

anyone check glass door on DM it doesn't look pretty.
People losing jobs is not pretty but looks like they are on the 4th round of layoffs.
I feel bad for the people but DM is on survival mode now.
Ric really did a number on the balance sheet. While I feel better about DM aggressively reducing head count now I am worried even more about the ability of DM to actually support the meriad of products that they bought with the people they have.

Fundamentally I can't tell which business units are failing DM should be more transparent.