Nano Dimension Ltd (NNDM) has released an update.
Nano Dimension Ltd. has announced a significant revenue increase in 2023, reaching $56.3 million, which is a 29% organic growth compared to the previous year, with a notable 19% growth in Q4 alone. The company’s gross margin improved substantially by 41%, achieving 45% compared to 32% year-over-year. Additionally, Nano Dimension has implemented cost-saving initiatives, including workforce reductions, which are expected to generate annualized savings of $30 million.
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