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Stock impact report

Nano Dimension Reports 2019 Fourth Quarter and Full Year 2019 Financial Results, Showing 39% Revenue Growth in 2019

Nano Dimension Ltd. - American Depositary Shares (NNDM) 
US:NASDAQ Investor Relations: investors.nano-di.com
Company Research Source: GlobeNewswire
BOCA RATON, Fla., March 10, 2020 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq, TASE: NNDM), a leading Additively Manufactured Electronics (AME) provider, today announced financial results for the fourth quarter and full year 2019.  Nano Dimension reported revenues of $1,977,000 for the fourth quarter of 2019, and $7,070,000 for the full year 2019. The company ended the fourth quarter of 2019 with $3,894,000 in cash, while total loss for the fourth quarter was $1,381,000. “Amit Dror, our co-Founder and previous Chief Executive Officer, led Nano Dimension to a 39% revenue increase in 2019, year-over-year. It is important to note that this was achieved predominantly through sales of the previous generation DragonFly Pro systems. Our current Dragonfly LDM, the first 24/7 AME machine, was only released in the third quarter of 2019,” said Yoav Stern, Nano Dimension’s incoming President and Chief Executive Officer. “In addition, customers of the previous ‘Pro’ have chosen to upgrade t Show less Read more
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