Nano Dimension (NNDM) Tops Q3 EPS by 15c, Revenues Beat

Nano Dimension (NASDAQ: NNDM) reported Q3 EPS of ($0.04), $0.15 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $1.75 million versus the consensus estimate of $1.72 million.

“Our organization and sales infrastructure continue to improve every day, and with it our expectation and confidence in our ability to deliver on our growth plans. In 2019, we expect to triple our revenue, with 14 to 15 million dollars in revenue for the full year,” said Amit Dror, Chief Executive Officer of Nano Dimension. “Our main goal is to increase our market share. Another goal we set for 2019 is to increase the value for customers and we plan to achieve that by increasing the range of applications, benchmarks and features supported by our system. We believe that by executing on our plan to achieve these goals we will manage to meet our growth targets, prepare for further growth and also improve our gross margin.”

For earnings history and earnings-related data on Nano Dimension (NNDM) click here.

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