Nano Dimension Achieves Record Q1/2023 Revenue with 43% YoY Growth

1 min read
Source: Yahoo Finance
TL;DR Summary

Nano Dimension, a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, announced record Q1/2023 results with revenue of $14.97 million, representing a 43% year-over-year growth. The company also reported a gross margin of 44% (adjusted: 47%) and a 50% organic revenue growth since Q3/2022. Nano Dimension plans to continue its share buy-back program and is experiencing advancements in its Additive Electronic and Additive Manufacturing product lines. The company aims to accelerate its merger and acquisition strategy to consolidate the highly fragmented AM market landscape.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

13 min

vs 14 min read

Condensed

96%

2,63994 words

Want the full story? Read the original article

Read on Yahoo Finance