The stock of Desktop Metal (NYSE:DM) dropped as much as 12% in early trading this morning after the 3D-printing company reported first-quarter financial results last night. But the stock quickly recovered most of its losses and was down only 5.7% as of 10 a.m. EDT on Tuesday. Image source: Getty Images. So what Analysts had forecast a money-losing first quarter for Desktop Metal, with $0.12 per share in losses on sales of $9.4 million. The actual results were mixed: a loss of $0.25 per share, on booked sales of $11.3 million. In fact, Desktop's sales surged 35% sequentially from the prior quarter, and more than tripled year over year when compared to first-quarter 2020 results. Although losses grew as well (worsening from $0.14 in the year-ago quarter), that seems to have been more a consequence of the company's IPO driving up general and administrative costs, and the noncash negative change in fair value of warrant liability also associated with the IPO.