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Stock impact report

Nano Dimension Reports 2019 Third Quarter Financial Results

Nano Dimension Ltd. - American Depositary Shares (NNDM) 
US:NASDAQ Investor Relations: investors.nano-di.com
Company Research Source: GlobeNewswire
NESS ZIONA, Israel, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Nano Dimension Ltd., a leading additive electronics provider (Nasdaq, TASE: NNDM), today announced financial results for the third quarter ended September 30, 2019. Nano Dimension reported revenues of $2,243,000 for the third quarter of 2019, compared to $1,161,000 in the second quarter of 2019, and $1,672,000 in the third quarter of 2018. The company improved its gross margin (excluding amortization of intangibles) to 45% in the third quarter of 2019, in comparison with gross margin of 28% in the second quarter of 2019. Nano Dimension ended the quarter with $5,466,000 in cash, while total operating loss (not including finance expense) for the third quarter was $3,273,000. “We are proud with Nano Dimension’s record quarterly revenues of $2.2 million in the third quarter of 2019,” said Amit Dror, Chief Executive Officer of Nano Dimension. “Since the launch of the DragonFly LDM Lights-Out Digital Manufacturing System, we are wit Show less Read more
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