Investing.com - Nano Dimension (NASDAQ:NNDM) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Nano Dimension announced earnings per share of $-0.27 on revenue of $288K. Analysts polled by Investing.com anticipated EPS of $-0.7 on revenue of $3.83M.
Nano Dimension shares are down 24.51% from the beginning of the year, still down 61.02% from its 52 week high of $4.90 set on October 3, 2019. They are under-performing the Nasdaq which is up 23.07% from the start of the year.
Nano Dimension follows other major Technology sector earnings this month
Nano Dimension's report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
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