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Fathom Digital Manufacturing Corporation (symbol: FATH) is at the forefront of revolutionizing product development and manufacturing through advanced technologies. The company specializes in combining additive manufacturing with traditional methods to accelerate the transition from concept to prototype and production. This unique blend of technologies allows Fathom to serve a diverse range of industries, helping to launch satellites into orbit, manufacture electric cars, and produce a wide variety of consumer devices.
Core Services:
- Prototype Fabrication: Fathom excels in creating prototypes that are crucial for testing and iteration before full-scale production.
- Production Parts: The company provides high-quality production parts that meet rigorous industry standards.
- Advanced Technologies: Utilizing both additive manufacturing and foundational manufacturing methods, Fathom offers a comprehensive suite of services.
- In-House Expertise: Supported by a dynamic team of industrial designers and mechanical engineers, Fathom delivers tailored solutions to meet specific customer needs.
Fathom’s commitment to innovation and excellence is reflected in its impressive list of achievements. The company was a top reseller for Stratasys/Objet from 2009 to 2017 and made the Inc. 5000 list multiple times between 2013 and 2017, ranking as high as No. 369. Additionally, Fathom was recognized in Fortune's ICIC Inner City 100 from 2014 to 2017.
As a preferred partner for accelerated product development, Fathom is dedicated to providing best-in-class equipment, services, and support. This commitment ensures that clients can move from concept to production efficiently and effectively, making previously impossible timelines achievable.
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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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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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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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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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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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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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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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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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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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FAQ
What is the current stock price of Fathom Digital Manufacturing Corporation (FATH)?
The current stock price of Fathom Digital Manufacturing Corporation (FATH) is $5.05 as of May 21, 2024.
What is the market cap of Fathom Digital Manufacturing Corporation (FATH)?
The market cap of Fathom Digital Manufacturing Corporation (FATH) is approximately 17.9M.
What does Fathom Digital Manufacturing Corporation do?
Fathom specializes in combining additive manufacturing with traditional techniques to accelerate product development from concept to production.
What industries does Fathom serve?
Fathom serves a wide range of industries, including aerospace, automotive, consumer electronics, and more.
What are Fathom’s core services?
Fathom offers prototype fabrication, production parts, and advanced manufacturing technologies.
What achievements has Fathom attained?
Fathom was a top reseller for Stratasys/Objet from 2009 to 2017 and made the Inc. 5000 list multiple times from 2013 to 2017.
What sets Fathom apart from other manufacturing companies?
Fathom’s unique blend of additive and traditional manufacturing techniques accelerates the transition from concept to production.
Who supports Fathom’s operations?
A team of in-house industrial designers and mechanical engineers provides tailored solutions to meet specific customer needs.
How does Fathom ensure quality in its production parts?
Fathom maintains rigorous industry standards to ensure high-quality production parts.
What is Fathom’s commitment to its customers?
Fathom strives to be the preferred partner for accelerated product development by providing best-in-class equipment, services, and support.
What recent projects has Fathom been involved in?
Fathom has been involved in projects that include putting satellites into orbit and manufacturing electric cars.
How does Fathom enhance product development?
By utilizing advanced technologies and a comprehensive suite of services, Fathom helps companies move from concept to production more efficiently.
Fathom Digital Manufacturing Corporation
NYSE:FATH
FATH Rankings
FATH Stock Data
17.88M
844.23k
15.71%
62.11%
0.51%
Conglomerates
Fabricated Structural Metal Products
United States of America
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