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Nano Dimension reports revenues of $14.8 million, up 11%, for Q2 2024

The company has now absorbed the acquisitions and is back to organic growth rates

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Nano Dimension Ltd. (Nasdaq: NNDM), a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic 3D printing solutions, reported unaudited consolidated revenues of approximately $14.8 million for Q2/2024, up 11% from the previous quarter, demonstrating strong sales in a market environment where most are seeing declines.

This growth rate now reflects organic sales as all past acquisitions have been fully integrated into the company’s financial reporting calendar. The Company also highlighted continued improved performance based on the Reshaping Nano Initiative, with results expected to be shown when full results as of and for the quarter ended June 30, 2024, are published.

The above information reflects preliminary estimates concerning certain results of Nano Dimension for the second quarter ended June 30th, 2024, based on currently available information. The actual second-quarter results may vary from the preliminary estimates.

Nano Dimension’s 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.

The company’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-PEDs). 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.

Disclaimer: the author of this article owns shares of Nano Dimension

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