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Fathom Digital Mfg Corp - FATH STOCK NEWS

Welcome to our dedicated page for Fathom Digital Mfg news (Ticker: FATH), a resource for investors and traders seeking the latest updates and insights on Fathom Digital Mfg stock.

Fathom Digital Manufacturing Corporation (NYSE: FATH) bridges advanced manufacturing technologies with traditional production methods, accelerating product development across aerospace, automotive, and consumer electronics sectors. This dedicated news hub provides stakeholders with essential updates on operational milestones and strategic initiatives.

Comprehensive Resource: Track official announcements including quarterly earnings, technology partnerships, and manufacturing innovations. Our curated feed eliminates search fragmentation by consolidating press releases and verified media coverage.

Industry Leadership Focus: Discover updates on Fathom's additive manufacturing advancements and prototype engineering capabilities. Follow developments highlighting their Inc. 5000-recognized growth and Fortune-listed operational excellence since 2013.

Strategic Monitoring: Investors and industry professionals can monitor production capacity expansions, leadership changes, and sustainability initiatives. Bookmark this page for real-time access to developments impacting manufacturing efficiency and market positioning.

News

Fathom Digital Manufacturing Corporation Receives Non-Binding Acquisition Proposal From CORE Industrial Partners

Rhea-AI Summary
Fathom Digital Manufacturing Corp. (FATH) has received a non-binding proposal from CORE Industrial Partners, LLC to acquire all outstanding shares for $4.50 cash per share. The proposal comes from CORE Funds, which collectively own approximately 63% of the Company's outstanding voting power. The Board has formed a Special Committee to evaluate the proposal and any other strategic alternatives available to the Company.
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5.71%
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News

Fathom Digital Manufacturing Reports Third Quarter 2023 Financial Results

Rhea-AI Summary
Fathom Digital Manufacturing Corp. (NYSE: FATH) announced third quarter and year to date 2023 financial results, highlighting $31.5 million in revenue, $29.0 million in total orders, and a net loss of $(8.6) million. The company also appointed Carey Chen as the new CEO and announced plans for profitable growth in 2024.
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-3.97%
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Fathom Digital Manufacturing to Hold Third Quarter 2023 Conference Call on Tuesday, November 14, 2023 at 8:30 am ET

Rhea-AI Summary
Fathom Digital Manufacturing Corp. (NYSE: FATH) plans to release its financial results for the third quarter ended September 30, 2023 on November 14, 2023. The company will also hold a conference call on the same day at 8:30 am Eastern Time. The conference call will be accessible via phone and will be broadcast live over the Internet with a slide presentation. A replay of the conference call will be available until November 28, 2023.
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Rhea-AI Sentiment
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3.51%
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earnings
News

Fathom Digital Manufacturing Corporation Appoints Carey Chen as Chief Executive Officer

Rhea-AI Summary
Fathom Digital Manufacturing Corp. appoints Carey Chen as CEO, succeeding Ryan Martin. Chen brings extensive manufacturing experience and a track record of leading industrial companies. Fathom aims to fortify its position in the on-demand digital manufacturing services industry.
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1.55%
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News

Fathom Digital Manufacturing Corporation Reports Inducement Equity Grant Pursuant to NYSE Rule 303A.08

Rhea-AI Summary
Fathom Digital Manufacturing Corp. has granted inducement equity awards to Carey Chen as the new CEO, consisting of 256,426 shares of Fathom common stock. The awards include time-vesting and performance-vesting restricted stock units.
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1.55%
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Fathom Digital Manufacturing 1-for-20 Reverse Stock Split Becomes Effective

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Fathom Digital Manufacturing Corp. has implemented a 1-for-20 reverse stock split, reducing the number of issued and outstanding shares of its Class A common stock from approximately 70.1 million to approximately 3.5 million. The split is aimed at increasing the per share market price to meet the minimum $1.00 average closing price requirement for continued listing on the NYSE.
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-4.17%
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Fathom Digital Manufacturing Announces 1-for-20 Reverse Stock Split

Rhea-AI Summary
Fathom Digital Manufacturing Corp. announces a 1-for-20 reverse stock split to increase the per share market price of its Class A common stock. The reverse stock split will reduce the current number of issued and outstanding shares of Class A common stock from approximately 70.1 million to approximately 3.5 million. The reverse stock split will not alter any stockholder's percentage interest in the Company's equity. The primary goal is to meet the minimum $1.00 average closing price requirement for continued listing on the NYSE.
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-14.86%
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Fathom Digital Manufacturing Reports Second Quarter 2023 Financial Results

Rhea-AI Summary
Fathom Digital Manufacturing Corp. announced financial results for Q2 2023. Revenue was $34.5 million, total orders were $38.0 million, net loss was $(7.3) million, and adjusted EBITDA was $4.8 million with a margin of 14.0%. For the first half of 2023, revenue was $69.5 million, total orders were $72.6 million, net loss was $(8.6) million, and adjusted EBITDA was $8.9 million with a margin of 12.8%.
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-34.8%
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Fathom Digital Manufacturing to Hold Second Quarter 2023 Conference Call on Monday, August 14 at 8:30 am ET

Rhea-AI Summary
Fathom Digital Manufacturing Corp. (NYSE: FATH) will release its financial results for the second quarter ended June 30, 2023, on August 14, 2023, before the market opens. The company will also hold a conference call at 8:30 am Eastern Time on the same day, which will be broadcast live over the Internet and include a slide presentation. A replay of the conference call will be available until August 21, 2023.
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Rhea-AI Sentiment
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8.35%
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News

Fathom Digital Manufacturing Reports First Quarter 2023 Financial Results

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2.28%
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Fathom Digital Mfg Corp

NYSE:FATH

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FATH Stock Data

17.88M
844.23k
15.71%
62.11%
0.51%
Conglomerates
Fabricated Structural Metal Products
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United States
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