Nano Dimension Ltd. ($NNDM) 3Q20 Earnings Sneak Preview

Nano Dimension Ltd. (NASDAQ:NNDM) is expected to report third quarter earnings results, before market open, on Thursday 12th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.08 per share from revenue of $ 1.20 million.

Looking ahead, the full year loss are expected at $ 0.3 per share on the revenues of $ 3.50 million.

Previous Quarter Performance

Nano Dimension Ltd. revealed loss for the second quarter of $ 0.27 per share, from the revenue of $ 0.29 million. According to street consensus, NNDM was expected to report 2Q20 loss of $ 0.08 per share from revenue of $ 1.20 million. The bottom line results missed street analysts by $ 0.19 or 237.5 percent, at the same time, top line results fell short of analysts by $ 0.91 million or 75.83 percent.

Stock Performance

Shares of Nano Dimension Ltd. traded low $ -0.16 or -3.88 percent on Wednesday, reaching $ 3.96 with volume of 5.85 million shares. Nano Dimension Ltd. has traded high as $ 4.12 and has cracked $ 3.85 on the downward trend

The closing price of $ 3.96, representing a 707.84 % increase from the 52 week low of $ 0.51 and a 31.33 % decrease over the 52 week high of $ 6.00.

The company has a market capital of $ 215.84 million and is part of the Technology sector and Computer Systems industry.

Conference Call

Nano Dimension Ltd. will be hosting a conference call at 9:00 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-844-695-5517 or 1-412-902-6751 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.nano-di.com

Nano Dimension Ltd., through its subsidiaries, operates as an additive electronics provider. The company offers DragonFly Pro precision system for additive manufacturing of printed electronics. It also develops conductive and dielectric ink, as well as provides Dragonfly and Switch software to manage design file and printing process.

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