Nano Dimension Announces Strong Preliminary Q3/2024 Results
Nano Dimension (Nasdaq: NNDM) has announced strong preliminary results for Q3/2024. The company reported unaudited consolidated revenues of $14.7 million, representing a 21% increase compared to Q3/2023. CEO Yoav Stern emphasized that despite recent acquisition agreements with Desktop Metal, Inc. and Markforged Holding , the core business continues to focus on revenue generation and customer value.
Nano Dimension is a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printing solutions. The company has served over 2,000 customers across various industries, including aerospace, defense, automotive, and medical technology. Nano Dimension's strategy involves applying deep learning-based AI to improve manufacturing capabilities and manage distributed manufacturing networks via the cloud.
Nano Dimension (Nasdaq: NNDM) ha annunciato risultati preliminari molto positivi per il Q3/2024. L'azienda ha riportato entrate consolidate non verificate di 14.7 milioni di dollari, con un aumento del 21% rispetto al Q3/2023. Il CEO Yoav Stern ha sottolineato che, nonostante i recenti accordi di acquisizione con Desktop Metal, Inc. e Markforged Holding, l'attività principale continua a concentrarsi sulla generazione di entrate e sul valore per i clienti.
Nano Dimension è un fornitore leader di Elettronica Fabbricata Additivamente (AME) e soluzioni di stampa 3D per Additive Manufacturing (AM) in polimero, metallo e ceramica. L'azienda ha servito oltre 2.000 clienti in vari settori, tra cui aerospaziale, difesa, automotive e tecnologia medica. La strategia di Nano Dimension prevede l'applicazione di AI basata su deep learning per migliorare le capacità di produzione e gestire reti di produzione distribuite tramite il cloud.
Nano Dimension (Nasdaq: NNDM) ha anunciado resultados preliminares sólidos para el Q3/2024. La compañía informó ingresos consolidados no auditados de 14.7 millones de dólares, lo que representa un aumento del 21% en comparación con el Q3/2023. El CEO Yoav Stern enfatizó que, a pesar de los recientes acuerdos de adquisición con Desktop Metal, Inc. y Markforged Holding, el negocio principal sigue enfocado en la generación de ingresos y el valor para los clientes.
Nano Dimension es un proveedor líder de Electrónica Fabricada Aditivamente (AME) y soluciones de impresión 3D en manufactura aditiva (AM) de polímeros, metales y cerámicas. La empresa ha atendido a más de 2,000 clientes en diversas industrias, incluyendo la aeroespacial, defensa, automotriz y tecnología médica. La estrategia de Nano Dimension implica aplicar IA basada en aprendizaje profundo para mejorar las capacidades de fabricación y gestionar redes de fabricación distribuidas a través de la nube.
나노 디멘션(Nasdaq: NNDM)은 2024년 3분기 강력한 예비 실적을 발표했습니다. 회사는 감사되지 않은 총 매출이 1,470만 달러로, 2023년 3분기 대비 21% 증가했다고 보고했습니다. CEO 요아브 스턴은 데스크탑 메탈 사와 마크포지드 홀딩과의 최근 인수 계약에도 불구하고 핵심 비즈니스는 여전히 수익 창출 및 고객 가치를 중심으로 진행되고 있다고 강조했습니다.
나노 디멘션은 적층 제조 전자기기(AME) 및 다차원 폴리머, 금속 및 세라믹 적층 제조(AM) 3D 프린팅 솔루션의 주요 공급업체입니다. 이 회사는 항공 우주, 방위, 자동차 및 의료 기술을 포함한 다양한 산업에서 2,000개 이상의 고객을 보유하고 있습니다. 나노 디멘션의 전략은 딥 러닝 기반의 AI를 적용하여 제조 능력을 향상하고 클라우드를 통해 분산 제조 네트워크를 관리하는 것입니다.
Nano Dimension (Nasdaq: NNDM) a annoncé de solides résultats préliminaires pour le T3/2024. L'entreprise a rapporté des revenus consolidés non audités de 14,7 millions de dollars, représentant une augmentation de 21% par rapport au T3/2023. Le PDG Yoav Stern a souligné que malgré les récents accords d'acquisition avec Desktop Metal, Inc. et Markforged Holding, l'activité principale continue de se concentrer sur la génération de revenus et la valeur client.
Nano Dimension est un fournisseur leader d'Électronique Fabricuée par Ajout (AME) et de solutions d'impression 3D en fabrication additive (AM) pour des matériaux polymères, métalliques et céramiques. L'entreprise a servi plus de 2 000 clients dans divers secteurs, y compris l'aérospatiale, la défense, l'automobile et la technologie médicale. La stratégie de Nano Dimension consiste à appliquer l'IA basée sur l'apprentissage en profondeur pour améliorer les capacités de fabrication et gérer des réseaux de fabrication distribués via le cloud.
Nano Dimension (Nasdaq: NNDM) hat starke vorläufige Ergebnisse für das 3. Quartal 2024 bekannt gegeben. Das Unternehmen berichtete von unauditierten konsolidierten Einnahmen von 14,7 Millionen Dollar, was einem 21% Anstieg im Vergleich zum 3. Quartal 2023 entspricht. CEO Yoav Stern betonte, dass trotz der jüngsten Übernahmevereinbarungen mit Desktop Metal, Inc. und Markforged Holding das Kerngeschäft weiterhin auf der Generierung von Einnahmen und dem Kundennutzen fokussiert bleibt.
Nano Dimension ist ein führender Anbieter von additiv gefertigten Elektroniklösungen (AME) und multi-dimensionale Polymer-, Metall- und Keramik-Additive Fertigung (AM) 3D-Drucklösungen. Das Unternehmen hat über 2.000 Kunden in verschiedenen Branchen bedient, darunter Luft- und Raumfahrt, Verteidigung, Automobil und Medizintechnik. Die Strategie von Nano Dimension beinhaltet die Anwendung von KI auf Basis von Deep Learning zur Verbesserung der Fertigungsfähigkeiten und zur Verwaltung verteilter Fertigungsnetzwerke über die Cloud.
- Revenue increased by 21% year-over-year to $14.7 million in Q3/2024
- Company maintains focus on core business growth despite ongoing acquisition activities
- Serves over 2,000 customers across diverse vertical target markets
- None.
Insights
The preliminary Q3 2024 results for Nano Dimension show promising growth, with revenue reaching
Key points to consider:
- The revenue growth outpaces the company's current market cap of
$517 million , suggesting potential undervaluation. - Nano Dimension's focus on additive manufacturing and electronics positions it well in the Industry 4.0 trend.
- The company's diverse customer base across aerospace, automotive and medical sectors provides resilience.
- Pending acquisitions of Desktop Metal and Markforged could significantly expand Nano Dimension's market presence and capabilities.
While these results are preliminary, they indicate strong execution and market traction. Investors should watch for the final Q3 report and updates on acquisition progress, which could be catalysts for stock movement.
Revenue for the Quarter of
Waltham, Mass., Oct. 03, 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 its revenue, on a preliminary basis, for the third quarter ended September 30th, 2024.
Nano Dimension reported unaudited approximated consolidated revenues of
Yoav Stern, Nano Dimension’s Chief Executive Officer and member of the Board of Directors, said: “With all this energy about our agreements to acquire Desktop Metal, Inc. (NYSE: DM) and Markforged Holding Corporation (NYSE: MKFG), let’s not forget the performance of our core business, which posted preliminary results of
The information contained in this release reflects preliminary estimates with respect to certain financial results of Nano Dimension for the third quarter ended September 30th, 2024, based on currently available information. The final third quarter results may vary from the preliminary estimates.
About Nano Dimension
Nano Dimension’s (Nasdaq: NNDM) vision is to transform existing electronics and mechanical manufacturing into Industry 4.0 environmentally friendly & economically efficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices - on demand, anytime, anywhere.
Nano Dimension’s strategy is driven by the application of deep learning based AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.
Nano Dimension has served over 2,000 customers across vertical target markets such as aerospace and defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia. The Company designs and makes Additive Electronics and Additive Manufacturing 3D printing machines and consumable materials. Additive Electronics are manufacturing machines that enable the design and development of High-Performance-Electronic-Devices (Hi-PED®s). Additive Manufacturing includes manufacturing solutions for production of metal, ceramic, and specialty polymers-based applications - from millimeters to several centimeters in size with micron precision.
Through the integration of its portfolio of products, Nano Dimension is offering the advantages of rapid prototyping, high-mix-low-volume production, IP security, minimal environmental footprint, and design-for-manufacturing capabilities, which is all unleashed with the limitless possibilities of additive manufacturing.
For more information, please visit www.nano-di.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nano Dimension is using forward-looking statements in this press release when it discusses its preliminary unaudited financial results for the quarter ended September 30, 2024. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties. Actual results, performance, or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 21, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the contents of third-party websites.
NANO DIMENSION INVESTOR RELATIONS CONTACT
Investor Relations | ir@nano-di.com
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