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Aug 20, 2024 10:30 AM

Nano Dimension's Q2 Revenue Grows Amid Industry Challenges: Details

Nano Dimension Ltd (NASDAQ:NNDM) shares are trading slightly higher after the company reported second-quarter revenues of $14.99 million, up from $14.74 million a year ago quarter.

The revenue growth was led by higher sales of the company’s product lines despite macroeconomic headwinds and high interest rates in the industry.

Adjusted gross profit declined to $6.98 million from $7.01 million a year ago, with gross margin coming in at 46.6% vs. 47.5% in the prior-year quarter. 

Adjusted EBITDA stood at negative $16.1 million vs. negative $23.5 million a year ...