Nano Dimension (NASDAQ:NNDM) Posts Quarterly Earnings Results

Nano Dimension (NASDAQ:NNDM) posted its quarterly earnings results on Thursday. The technology company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.11), FiscalAI reports. The business had revenue of $31.91 million for the quarter, compared to analysts’ expectations of $5.50 million. Nano Dimension had a negative return on equity of 29.44% and a negative net margin of 118.38%.

Nano Dimension Trading Up 5.2%

NASDAQ:NNDM traded up $0.07 during midday trading on Friday, reaching $1.32. 1,245,613 shares of the stock traded hands, compared to its average volume of 1,266,598. The company has a fifty day moving average of $1.49 and a 200 day moving average of $1.63. Nano Dimension has a 12 month low of $1.19 and a 12 month high of $2.32.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nano Dimension in a report on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to MarketBeat, Nano Dimension has a consensus rating of “Sell”.

Nano Dimension Company Profile

Nano Dimension Ltd. is an additive manufacturing company that develops and supplies systems for producing specialized electronic and industrial components. The company focuses on Additively Manufactured Electronics (AME), which combines conductive and dielectric materials to create complex printed circuit boards and other electronic structures.

Its product portfolio has included the DragonFly platform, an inkjet-based system designed to manufacture multilayer printed circuit boards, antennas and related electronic components.