-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
Nano Dimension Announces Strong Preliminary Q3 2023 Results
October 16, 2023 | Nano DimensionEstimated reading time: 1 minute
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal and ceramic Additive Manufacturing (AM) 3D printers, announced its financial results, on a preliminary basis, for the third quarter and nine months ended September 30th, 2023.
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.
Yoav Stern, Chief Executive Officer of Nano Dimension, 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.”
The information contained in this release reflects preliminary estimates with respect to certain financial results of Nano Dimension for the third quarter and nine months ended September 30th, 2023, based on currently available information. The final third quarter and nine months results may vary from the preliminary estimates.
In addition to the aforementioned results, Nano Dimension would like to share that inventory in one of its storage facilities was damaged in the Hamas attacks on Israel on October 7th, 2023. The Company does not expect this to impact its supply chain and especially its ability to meet existing promises to customers. There should be immaterial to no financial impact due to the Company’s insurance coverage.
Suggested Items
America Projected to Triple Semiconductor Manufacturing Capacity by 2032, the Largest Rate of Growth in the World
05/08/2024 | SIAThe Semiconductor Industry Association (SIA), in partnership with the Boston Consulting Group (BCG), released a report on the global chip supply chain that projects the United States will triple its domestic semiconductor manufacturing capacity from 2022—when the CHIPS and Science Act (CHIPS) was enacted—to 2032.
Real Time with… IPC APEX EXPO 2024: The Driving World of e-Mobility with Indium
05/08/2024 | Real Time with...IPC APEX EXPOIn the competitive EV market, technology plays a crucial role facing the challenges of infrastructure. As Brian O'Leary explains, Indium's e-Mobility product suite includes proven solder and thermal management products for high reliability.
Incap Releases Unaudited Business Review for January–March 2024
05/08/2024 | IncapRevenue for the first quarter 2024 amounted to EUR 51.4 million (1–3/2023: EUR 72.2 million). Year-on-year the revenue decreased 29.3%, as expected.
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.
Key Tronic Announces Results for Q3 of Fiscal Year 2024
05/08/2024 | Globe NewswireFor the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, compared to $164.6 million in the same period of fiscal year 2023.