Nano Dimension Posts Record Preliminary Q1/2023 Revenue of Approximately $14.6M

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Nano Dimension Ltd., an industry-leader in Additively Manufactured Electronics (AME), Printed Electronics (PE), and Micro Additive Manufacturing (Micro-AM), announced a preview of its financial results for the first quarter ended March 31st, 2023.

On a preliminary basis, Nano Dimension reported unaudited approximated consolidated revenues of $14.6 million for the first quarter ended March 31st, 2023, a 40% increase over the first quarter ended March 31st, 2022, and a 21% increase over the fourth quarter ended December 31st, 2022.

The above information reflects preliminary estimates with respect to certain results of Nano Dimension for the first quarter ended March 31st, 2023, based on currently available information. The final first quarter results may vary from the preliminary estimates.

Yoav Stern, Chairman and Chief Executive Officer of Nano Dimension, commented: “The last quarter of 2022 was “our best quarter ever” at that time. The first quarter of every year is expected to be, traditionally, weaker than the rest of the quarters. However, due to a record organic growth of our DragonFly IV revenue as well as best quarterly revenue in Additive Electronic and Software and Hardware Ink Management Systems, the first quarter of 2023 is now, “our best quarter in revenue, ever.” It is a manifestation of our organizational development and our sales and marketing efficiency.”