Nano Dimension Clocks Q2 Revenue Growth Of 182%
Benzinga2021-08-18
- Nano Dimension Ltd (NASDAQ:NNDM) reported second-quarter FY21 revenue growth of 181.6% year-on-year to $0.81 million.
- Nano Dimension recovered to a positive gross margin of 22.8%.
- The basic loss per share was $(0.05). Net loss widened to $(13.6) million on higher expenses.
- The company held $1.4 billion in cash and equivalents.
- The quarter reflects the consolidation of the recently acquired 3D printing company NanoFabrica and DeepCube.
- Price Action: NNDM shares traded higher by 0.58% at $5.42 on the last check Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.