Nano Dimension Ltd. (NASDAQ:NNDM) Q1 2023 Earnings Conference Call June 29, 2023 9:00 AM ET

Company Participants

Yoav Stern - Chairman and Chief Executive Officer

Conference Call Participants

Sol Zelman - Gericare

Katherine Thompson - Edison

Rick Smith - Smith Capital

Operator

Good day, ladies and gentlemen and welcome to Nano Dimension’s First Quarter 2023 Earnings Conference Call. My name is Joe and I’m your operator for today’s event. On the call with us today are Yoav Stern, Chairman and CEO; Yael Sandler, CFO; and Julien Lederman, Vice President of Corporate Development.

Before we begin, may I remind our listeners that certain information provided on this call may contain forward-looking statements and the Safe Harbor statement outlined in today’s earnings press release also pertains to statements made on this call. If you have not received a copy of the press release, please view it in the Investor Relations section of the company’s website. A replay of today’s call will also be available on the Investor Relations section of the company’s website. Yoav will begin the call today with a business update, followed by a question-and-answer session, at which time the management team will answer questions.

I would now like to turn the call over to Nano Dimension’s Chairman and CEO, Yoav Stern. Yoav, please go ahead.

Yoav Stern

Thank you very much. Good day to everybody. Thanks for being here. Let me start by apologizing that this quarter we're a little bit late in releasing the results of last quarter. We're almost finishing the second quarter. And this is just the first quarter. Reason is because we've been extremely busy this quarter in lot of integration and the implementation of SAP, the new computer system in all our subsidiaries and all the acquisitions from last year.

The good news is, it worked very well and in the future, we’ll be able to be much faster. My goal is to be able to release full results of the quarter in the middle, around the middle of the quarter after, maybe even better. But for that matter, we, maybe different than others are trying to even be earlier and we released earlier results with list revenue few days after the end of the quarter, which we will try to continue to do.

So the good news is, the second quarter early results will be out in few days. Before I start to the presentation, just let me tell you that we spend a lot of time and [indiscernible] of lawyers on fighting silly fights with some shareholders and quarterly results of last quarter and this quarter is one of the proofs that you shareholders, our shareholders, my partners, have a great company that is improving on a quarter-by-quarter basis. And the share price will go up unless you will succumb to people who manipulated the shares and bought them for $2.5 and are trying to get them out, themselves out for $4.