Nano Dimension reported H1 2024 revenues of $28.4M, slightly down from $29.7M in H1 2023. Operating loss improved to $39.8M from $61.6M YoY, driven by significant cost reductions across R&D, sales and administrative expenses following Q4 2023 reorganization. The company recorded a net loss of $78.7M compared to net income of $13.1M in H1 2023.The company maintains a strong financial position with $845.2M in cash and securities as of June 30, 2024. In strategic moves, Nano Dimension announced plans to acquire Desktop Metal for up to $183M and Markforged for $115M, with deals expected to close in Q4 2024 and Q1 2025 respectively.Management implemented successful cost control measures, reducing R&D expenses by 49% to $18.3M, sales and marketing expenses by 13% to $13.7M, and general administrative expenses by 22% to $18.2M compared to H1 2023. The company continues its share repurchase program with a new $200M authorization approved in October 2023.

Nano Dimension reported H1 2024 revenues of $28.4M, slightly down from $29.7M in H1 2023. Operating loss improved to $39.8M from $61.6M YoY, driven by significant cost reductions across R&D, sales and administrative expenses following Q4 2023 reorganization. The company recorded a net loss of $78.7M compared to net income of $13.1M in H1 2023.The company maintains a strong financial position with $845.2M in cash and securities as of June 30, 2024. In strategic moves, Nano Dimension announced plans to acquire Desktop Metal for up to $183M and Markforged for $115M, with deals expected to close in Q4 2024 and Q1 2025 respectively.Management implemented successful cost control measures, reducing R&D expenses by 49% to $18.3M, sales and marketing expenses by 13% to $13.7M, and general administrative expenses by 22% to $18.2M compared to H1 2023. The company continues its share repurchase program with a new $200M authorization approved in October 2023.