Nano Dimension reported unaudited approximated consolidated revenues of $12.2 million for Q3/2023, a 22% increase over Q3/2022, and $41.9 million for the first nine months of 2023, a 33% increase over the same period in 2022.
CEO Yoav Stern commented: “The synergies that we insisted on analyzing and implementing when we performed acquisitions are leading our revenue growth of 33% for the first nine months of 2023 compared to the same period in 2022. Importantly, most of it is from organic revenue growth. Our competitors inform the public about a challenging macro environment, and while we share their opinions, we are proud that our better and leading organic growth performance is a testament to the strength of our strategy, operational expertise, and team.
“We closed some iconic new sales to industry leading customers in the quarter. Given our pipeline, we look forward to closing even more strategic new relationships, and ultimately hoping finishing 2023 as the best year and organic growth we have ever done.”
NNDM shares dropped 3.5 cents to $2.64.