All Proposals Approved, Supporting Continuity of Leadership & Strategic ProgressWALTHAM, Mass., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “Nano”, or the “Company”), a leader in digital manufacturing solutions, today announced the results of its Annual General Meeting of Shareholders. Shareholders approved all proposals presented at the meeting, reflecting strong support for the Company’s Board, executive leadership team and strategic direction. The Company will ...

Financial Data and Key Metrics Changes - Revenue for the third quarter of 2025 reached a record $135.4 million, representing a year-over-year growth of 7.8% [5][12] - Non-GAAP earnings per share increased to $0.47, up $0.06 sequentially, primarily driven by gross margin expansion [15] - Third quarter consolidated non-GAAP gross margin improved to 45.9%, up 110 basis points sequentially [14] Business Line Data and Key Metrics Changes - CNC machining revenue grew 18.2% year-over-year, with a notable 24% increase in the U.S. market [12][14] - Injection molding revenue increased by 2% year-over-year, while 3D printing revenue declined by 6.3% due to weak demand in Europe [13][14] - Sheet metal revenue grew 13.9% year-over-year, with U.S. revenue increasing by 10% [14] Market Data and Key Metrics Changes - Revenue fulfilled through Proto Labs' network was $30.1 million, up 16.2% in constant currencies [12] - The company experienced strong demand in aerospace and defense, particularly in drones and space exploration [6][12] - European revenue showed a decline of 5% in constant currencies, reflecting continued contraction in manufacturing activity [14] Company Strategy and Development Direction - The company is focused on removing friction, expanding offerings, and deepening customer relationships, with a strategic plan to be shared in 2026 [5][11] - Investment in expanding CNC machining capacity is underway, indicating confidence in future growth [8][9] - The appointment of a Chief Technology and AI Officer aims to strengthen leadership in digital transformation and AI strategy [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to execute with speed and innovation, highlighting significant momentum heading into year-end [11] - The company is focused on accelerating profitable growth and improving customer experiences [11] - Management acknowledged the challenges in the injection molding business but emphasized ongoing efforts to drive growth across all service lines [39] Other Important Information - The company generated $29.1 million in cash from operations during the third quarter, maintaining a strong cash position with $138.4 million in cash and investments and zero debt [15] - The outlook for the fourth quarter of 2025 anticipates revenue between $125 million and $133 million, implying a 6% year-over-year growth [16] Q&A Session Summary Question: What is the potential growth rate for the company longer term? - Management emphasized a focus on driving growth and indicated confidence in future growth based on current initiatives [18] Question: Are you seeing growth from company-specific initiatives or just benefiting from end market growth? - Management noted growth across several industries, not limited to aerospace and defense, and highlighted the importance of customer feedback in driving initiatives [20][21] Question: Can you discuss the CapEx requirement for CNC expansion? - The expansion involves adding mills rather than facility changes, allowing for quick scalability [23] Question: What are the challenges in bringing advanced CNC machining capabilities online? - Management highlighted the automation of processes and the removal of friction through digital solutions [34] Question: What are the medium-term prospects for the injection molding business? - Management acknowledged reduced prototyping activity affecting growth but reaffirmed commitment to driving growth in all service lines [39] Question: What contributed to the gross margin performance in the quarter? - Improvements in both factory and network margins contributed to the overall gross margin increase [42][43] Question: Where are the biggest benefits in revenue per customer coming from? - Growth is being seen from both new and existing customers, with a focus on increasing share of wallet across diverse industries [44][45]

Financial Data and Key Metrics Changes - AMETEK reported record sales of $1.89 billion, an increase of 11% from Q3 2024 [4] - Operating income reached a record $496 million, up 11% year-over-year [4] - Diluted earnings per share were $1.89, reflecting a 14% increase compared to the same quarter last year [4] - EBITDA was a record $592 million, up 11% year-over-year, with EBITDA margins at 31.3% [4][20] - The effective tax rate decreased to 17.2% from 18.8% in Q3 2024 [18] Business Line Data and Key Metrics Changes - The Electronic Instruments Group (EIG) achieved sales of $1.25 billion, a 10% increase from the previous year, with operating income of $360 million, up 6% [5] - The Electromechanical Group (EMG) reported sales of $646 million, up 13% year-over-year, with operating income of $164 million, a 25% increase [6] - Organic sales for EIG were flat, while EMG saw a 12% increase in organic sales [5][6] Market Data and Key Metrics Changes - Overall orders increased by 13% to a record $1.97 billion, with organic orders up 7% [4] - The backlog reached a record $3.54 billion [4] - Sales in the U.S. were up mid-single digits, while international sales were up low single digits, with Europe showing low double-digit growth [26][42] Company Strategy and Development Direction - AMETEK is focusing on strategic acquisitions as a core element of its growth strategy, with a strong pipeline of candidates [8] - The company plans to invest an additional $90 million in organic growth initiatives for 2025, primarily in R&D and digital marketing [8] - The integration of recent acquisitions is progressing well, contributing positively to overall performance [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the automation and engineered solutions markets, despite macroeconomic uncertainties [6][12] - The company anticipates full-year sales growth in the mid-single digits compared to 2024, with increased earnings guidance for the year [13][14] - Management noted that trade dynamics are being closely monitored, particularly in relation to China [12][29] Other Important Information - AMETEK's capital expenditures for the third quarter were $21 million, with expectations of approximately $150 million for the full year [19] - The company maintained a strong balance sheet with total debt of $2.5 billion and cash and cash equivalents of $439 million [20] Q&A Session Summary Question: Insights on key platforms and regions - Management highlighted strong performance in the process market segment, with overall sales up low teens driven by recent acquisitions [23] Question: Performance of Paragon - Paragon showed strong organic sales performance, with double-digit order growth and expectations for continued improvement in profitability [32][36] Question: Comments on tariffs and China - Tariff renegotiations are causing delays in China, but management remains confident in long-term prospects [29] Question: Outlook for A&D performance - Aerospace and defense businesses delivered low double-digit organic sales growth, with expectations for high single-digit growth for the year [90] Question: Update on M&A pipeline - The M&A pipeline remains strong, with active pursuit of high-quality deals across various end markets [87]

Core Viewpoint - Nano Dimension Ltd. announced the transition of its Chief Financial Officer, Assaf Zipori, effective November 1, 2025, with John Brenton appointed as his successor [1][2]. Group 1: Leadership Transition - Assaf Zipori will step down as CFO, and John Brenton, currently the Vice President of Global Finance and Corporate Controller, will take over the role [1][2]. - Zipori will assist Brenton during the transition period to ensure a smooth handover [2]. Group 2: New CFO Profile - John Brenton has over 30 years of experience in finance, accounting, and corporate control, with a strong background in public company reporting and operational excellence [3]. - Brenton previously held senior finance leadership positions at Markforged before joining Nano Dimension [3]. Group 3: Company Statements - CEO David Stehlin expressed gratitude for Zipori's contributions and confidence in Brenton's ability to lead the finance team [4]. - Brenton expressed excitement about stepping into the CFO role and confidence in the company's strategy and technology [4]. Group 4: Company Overview - Nano Dimension specializes in advanced digital manufacturing technologies, serving industries such as defense, aerospace, automotive, electronics, and medical devices [5]. - The company focuses on trends like onshoring, national security, and product customization, enabling rapid deployment of high-mix, low-volume production [5].

Core Insights - Nano Dimension Ltd. is collaborating with ALOFT AeroArchitects and Spectrum Networks to utilize Markforged composite 3D printing systems for producing certified, flight-ready components for high-profile aircraft [1][6] Group 1: Technology and Innovation - Spectrum Networks has adopted Markforged's FX10 platform and Continuous Fiber Reinforcement (CFR) technology to manufacture replacement parts, significantly reducing lead times from months to weeks [2][3] - The SPN 31 LED retrofit, developed to replace outdated halogen fixtures, exemplifies the use of CFR technology to enhance structural integrity and surface finish for direct installation [3][4] - Each part produced undergoes automated laser micrometer inspection, generating a layer-by-layer conformance report, which aids in regulatory acceptance by the FAA and global aviation authorities [5] Group 2: Market Demand and Impact - In 2024, Spectrum Networks produced over 10,000 certified flight parts using Markforged printers, contributing to the modernization of aircraft interiors and reducing operational downtime [4] - The collaboration between ALOFT and Spectrum demonstrates the capability of Markforged technology to meet stringent safety, quality, and performance standards in the aerospace sector [6] Group 3: Company Overview - Nano Dimension Ltd. focuses on advanced digital manufacturing technologies across various industries, including defense, aerospace, and automotive, emphasizing rapid deployment and sustainable practices [7]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [12] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12][13] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [13] - Operating expenses for the quarter were $28.2 million, higher than the prior year due to combined operations with Markforged, but standalone operating expenses decreased by over 24% year over year [13] - Adjusted EBITDA for the quarter was a loss of $16.7 million compared to a loss of $14.6 million last year [13] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, down from $840 million at the end of Q1 2025 [14][15] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [8] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during Q2 [10] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [10] Company Strategy and Development Direction - The company is focused on unlocking shareholder value and exploring a comprehensive range of strategic alternatives with the help of financial advisors [6] - The mission is to lead the future of advanced digital manufacturing, emphasizing capital discipline and strategic clarity [10][16] - The company aims to build a more agile and scalable organization capable of delivering strong results over time [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built for long-term growth [9][10] - The company is committed to executing its strategy with focused teamwork, discipline, and transparency [17] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [12] - The company remains one of the best capitalized in its ecosystem, focusing on maintaining financial strength [8] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating a lack of detailed interaction during the Q&A session [18]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [11] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [12] - Adjusted EBITDA for the quarter was a loss of $16.7 million compared to a loss of $14.6 million last year [12] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [7] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during the second quarter [9] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [9] Company Strategy and Development Direction - The company is exploring a comprehensive range of strategic alternatives to unlock shareholder value, engaging Guggenheim Securities and Houlihan Lokey as financial advisors [6] - The focus is on high-value technologies and opportunities, with a commitment to capital discipline and margin expansion [9][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built for long-term growth [8][9] - The company aims to lead the future of advanced digital manufacturing, focusing on delivering innovative solutions to customers [16] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [11] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, providing substantial liquidity for strategic options [13][14] Q&A Session Summary - The Q&A session was not detailed in the provided content, and no specific questions or answers were recorded [18]

Innovation & Technology - The "MARS-JO Rover" project, the first Jordanian exploratory vehicle simulating a Mars rover, was designed and built locally in Irbid [1] - The project showcases Jordanian innovation on international platforms like the SOFEX exhibition [1] Entrepreneurship & Ambition - Karam Khrais, an engineer, launched the "MARS-JO Rover" project, driven by passion and ambition [1] - The project symbolizes ambition and aims to elevate Jordan's presence in space exploration [1] Regional Impact - The initiative originated from a lab in Irbid, demonstrating that innovation is not limited by geography or resources [1]

Core Insights - The recruitment season for the electronic information industry is in full swing, with a significant influx of job seekers at Foxconn's Zhengzhou facility, which has become a major employment hub in the region [1][3][4] - The demand for skilled labor is increasing as Foxconn transitions towards more automated and intelligent manufacturing processes, highlighting the need for technical talent [6][7] Group 1: Recruitment and Workforce Dynamics - Foxconn Zhengzhou has seen a surge in job applicants, with many returning workers, indicating a stable labor force [4][10] - The majority of new hires are local residents, with over 95% of employees from Henan province, and many workers have family members also employed at the facility [4][10] - The average monthly income for basic position employees ranges from 5,000 to 7,000 yuan, while skilled workers can earn over 10,000 yuan [7] Group 2: Technological Advancements and Skills Demand - Foxconn Zhengzhou has been recognized as a "WEF Lighthouse Factory," showcasing its commitment to digital transformation and automation, which has led to a 102% increase in production efficiency [6] - The factory's automation processes require specialized personnel for equipment maintenance, indicating a growing demand for skilled workers in automation technology and equipment management [6][7] Group 3: Economic Impact and Industry Growth - Since its establishment, Foxconn Zhengzhou has significantly contributed to the local economy, accounting for approximately 60% of Henan's total import and export value [10] - The Zhengzhou Airport Economic Zone has developed a comprehensive ecosystem for the electronic information industry, with an expected output value of 518.08 billion yuan in 2024 [10][11] - The region is also attracting various advanced computing and semiconductor companies, further enhancing its industrial landscape [11]

Financial Performance & Growth - Protolabs achieved $504 million in revenue in 2023[6] - The company's Non-GAAP gross margin was 45% in 2023[6] - Adjusted EBITDA reached $83 million in 2023[6] - Protolabs Network revenue experienced a 69% year-over-year growth in constant currencies in 2023[60] - The company's revenue increased by 5% year-over-year, excluding Japan, in 2023[56] Customer Base & Manufacturing - Protolabs has served over 53,000 customer contacts[6,36] - The company has manufactured over 450 million parts to date[6] - Over 85% of Fortune 500 companies in target industries are served by Protolabs[36] - More than 90% of revenue comes from returning customers[44] Market & Outlook - Protolabs operates in a $100 billion+ market[8,14,18] - The company anticipates Q1 2024 revenue between $120 million and $128 million, representing a growth range of -5% to 2% year-over-year[73] - Non-GAAP EPS for Q1 2024 is projected to be between $0.26 and $0.34, indicating a year-over-year growth range of -12% to 15%[73]