Nano Dimension Stock Shoots Higher After Q1 Earnings: By The Numbers
Portfolio Pulse from Nabaparna Bhattacharya
Nano Dimension Ltd. (NASDAQ:NNDM) reported Q1 revenues of $14.97 million, up 43.5% YoY. EPS of $0.09 was significantly higher than the year-ago EPS loss of ($0.13). The company plans to accelerate its M&A strategy. NNDM shares are trading higher by 12.40% to $2.71.
June 29, 2023 | 2:55 pm
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Nano Dimension reported strong Q1 results with significant YoY revenue growth and plans to accelerate its M&A strategy. The stock is trading higher.
The strong Q1 results and the company's plans to accelerate its M&A strategy are positive news for investors, which is reflected in the stock's price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100