Nano Dimension Plunges 16.35% on Revenue Drop

On March 25, 2025, Nano Dimension's stock experienced a significant drop of 16.35% in pre-market trading.

Nano Dimension reported a 10.7% year-on-year decrease in fiscal first-quarter revenues, totaling $13.36 million. This decline was primarily due to reduced sales across the company's product lines. Despite the revenue drop, the company's adjusted gross margin improved by 265 basis points to 49.8%, driven by the strategic pricing of its high-tech products. However, the earnings per share (EPS) loss widened to $0.15 from a $0.09 profit in the previous year. The operating loss for the quarter was $18.97 million, a reduction from the $31.20 million loss reported in the same period last year. The net loss for the quarter attributable to owners was $34.77 million, contrasting with the net income of $22.22 million a year ago.

Nano Dimension's cash and equivalents stood at $793.08 million as of March-end. The company had previously announced a reduction in its global workforce by approximately 25% and a 25% reduction in the Executive Management group. This cost-cutting measure is expected to save the company an estimated $30 million annually, with the savings starting to reflect in the first-quarter results. The company's stock has gained over 10% in the last 12 months, indicating investor confidence despite the recent challenges.