Nano Dimension Announces Q1/2024 Results Demonstrating Continued Gross Margin Expansion and Path to Profitability
NNDMNano Dimension(NNDM) Newsfilter·2024-06-03 20:43

Gross Margin Improvement of 235 bps 46.2% in Q1/2024, Up From 43.9% in Q1/2023 Adjusted Gross Margin Improvement of 265 bps 49.8% in Q1/2024, Up From 47.1% in Q1/2023 "Reshaping Nano Initiative" Taking Effect with 75% Improvement in Net Cash Burn 7.0MinQ1/2024,Comparedto7.0M in Q1/2024, Compared to 27.4M in Q1/2023 Outstanding Shares Reduced by 15% to 219 Million, Over the Last 15 Months Strong Capital Position and Cash Management Keeps Company On Previously Announced Path of Net Cash Burn for 2024 to be $12-20M Conference Call ...