Nano Dimension (NNDM) Reports In-Line Q2 EPS, Revenues Beat
Nano Dimension (NASDAQ: NNDM) reported Q2 EPS of ($0.20), in-line with the analyst estimate of ($0.20). Revenue for the quarter came in at $1.09 million versus the consensus estimate of $900 thousand.
“Nano Dimension experienced continued success in the second quarter, as multiple sales to leading companies throughout the world demonstrated growing interest in the DragonFly 2020 Pro 3D printer,” said Amit Dror, Chief Executive Officer of Nano Dimension. “Additionally, Nano Dimension became a U.S. Department of Defense certified vendor, allowing us to pursue new sales and relationships with the U.S. federal government agencies.”
“As we continue to expand and strengthen our global reseller network, we are seeing results with key sales in major markets. In the Asia-Pacific region, and specifically in China, we made significant progress during the second quarter. We entered into a strategic agreement with Aurora 3D, a leading reseller in mainland China, and we opened our fourth Customer Experience Center in our new Hong Kong facility, located in the Hong Kong Science and Technology Park. We expect continuous growth with the support of our resellers and strategic partners,” concluded Mr. Dror.
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