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Nano Backpedals on Q3 Results

Nano Dimension Ltd. (NASDAQ: NNDM) a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, announced today a preview of its financial results for the third-quarter and nine-month periods ended September 30th, 2022.

On a preliminary basis, Nano Dimension reported unaudited approximated consolidated revenues of $10 million for Q3/2022, which represents a 646% increase over the same period in 2021.
For the nine months, 2022 revenue was $31.5 million, which represents a 963% increase over the same period in 2021.

The Company also reported a record-high backlog of above $9 million as of September 30th, 2022. Consolidated cash, investment in trading securities and deposits balances, were approximately $1,188,000,000.

The above information reflects preliminary estimates with respect to certain results of Nano Dimension for the third quarter and nine months, based on currently available information. The final results may vary from the preliminary estimates.

Nano Dimension will release its full financial results for the third quarter and nine months ended September 30th, 2022, before the Nasdaq market opens on Thursday, December 1.
Meantime, NNDM shares lost 5.5 cents, or 2.2%, to $2.40.