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