Nano Dimension Ltd. (NASDAQ:NNDM) Q1 2022 Earnings Conference Call May 31, 2022 9:00 AM ET
Company Participants
Yoav Stern - Chief Executive Officer
Yael Sandler - Chief Financial Officer
Conference Call Participants
Byron Meo - 1031 Private Exchange Group
Operator
Ladies and gentlemen, thank you for standing by. All participants are present in a listen-only mode. Welcome to today's conference call to discuss Nano Dimension's 2022 First Quarter Results.
On the call with us today are Yoav Stern, CEO; and Yael Sandler, CFO.
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 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. Yoav will begin the call with a business update followed by a question-and-answer session, at which time Yael answer questions regarding the first quarter 2022 financial results. As a reminder, this conference is being recorded, May 31, 2022.
I would now like to hand the call to Mr. Yoav Stern. Mr. Stern, would you like to begin?
Yoav Stern
Sure. Thank you very much. We changed a little bit the order. I will speak about the business and some numbers and then Yael will give a little bit of an input as well from her point of view about the numbers, and then we'll open it to Q&A and both of us will answer accordingly. So we're completing a successful quarter. The numbers speak for themselves. We have about $10.5 million, $10.4 million revenue. And we have -- if you look at the -- more importantly, the revenue in the last quarter was $7 million and change, I think $7.6 million, $7.5 million. And obviously, revenue in the same quarter a year ago was dramatically lower. So if you just look at the 2 -- last 2 quarters, and multiply it by 2, run rate, you'll find out where are we in this year, and we may even be higher, considering the fact that the first quarter traditionally is less strong quarter in this -- in any year, even though with situation specifically in Europe, there's a little bit of unknown. And we see this in our European revenue; if not that, our revenue would be higher than $10.4 million. So that's good news.