Nano Dimension Announces Q1/2024 Preliminary Results - “Reshaping Nano” Initiative Improves Cashflow Dramatically
Nano Dimension Ltd. - American Depositary Shares (NNDM)
US:NASDAQ Investor Relations:
investors.nano-di.com
Company Research
Source: GlobeNewswire
Realized Synergies Reduced Cash Burn by 75% vs. Q1/2023 Revenue of $13.2 Million Also Demonstrates Consistent Strong Sales Despite Market Challenges Faced by Other Industry Players Waltham, Mass., April 04, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, today announced a preview of its financial results on a preliminary basis for the first quarter ended March 31st, 2024. Nano Dimension reported unaudited approximated consolidated revenues of $13.2 million for Q1/2024, which demonstrates strong sales in what industry peers have often categorized as a challenged macro environment. The Company also highlighted a significant reduction in utilization of its cash reserves in Q1/2024 to an average of $2.4 million per month during the quarter.
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NNDM
Sec Filings
- 4/17/24 - Form 144
- 4/16/24 - Form 6-K
- 4/10/24 - Form 144
- NNDM's page on the SEC website