Q317 marked Nano Dimension’s first sale of a commercial-grade printer, the DragonFly Pro, which was to global manufacturing services giant, Jabil. In general, however, the sales cycle is proving much longer than management originally anticipated, so we are revising our estimates downwards to reflect a more cautious commercial roll-out and cutting our indicative valuation from US$7.04/ADS to US$6.39/ADS.
30 Nov 2017
Nano Dimension - First commercial sale inaugurates roll-out
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Nano Dimension - First commercial sale inaugurates roll-out
Nano Dimension Ltd Sponsored ADR (NNDM:NAS) | 0 0 0.0%
- Published:
30 Nov 2017 -
Author:
Anne Margaret Crow -
Pages:
5
Q317 marked Nano Dimension’s first sale of a commercial-grade printer, the DragonFly Pro, which was to global manufacturing services giant, Jabil. In general, however, the sales cycle is proving much longer than management originally anticipated, so we are revising our estimates downwards to reflect a more cautious commercial roll-out and cutting our indicative valuation from US$7.04/ADS to US$6.39/ADS.