Nano dimension announces q2/2024 and h1/2024 results

Best quarter in nano dimension's history continued improvement in financial strength and transformational m&a transaction quarterly revenue sets record at $15.0 million up 2% from q2/2023 gross margin improvement of 136 bps 45.4% in q2/2024, up from 44.1% in q2/2023 adjusted gross margin improvement of 75 bps 48.1% in h1/2024, up from 47.3% in h1/2023 company reduces net cash burn by 69% $18m in h1/2024, down from $58m in h1/2023 definitive agreement announced to acquire desktop metal following quarter end creating a leader in additive manufacturing conference call to be held today at 9:00 a.m. edt waltham, mass.
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