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Fathom Digital Manufacturing Corporation - FATH STOCK NEWS

Welcome to our dedicated news page for Fathom Digital Manufacturing Corporation (Ticker: FATH), a resource for investors and traders seeking the latest updates and insights on Fathom Digital Manufacturing Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fathom Digital Manufacturing Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fathom Digital Manufacturing Corporation's position in the market.

News
Fathom Digital Manufacturing Corporation Receives Non-Binding Acquisition Proposal From CORE Industrial Partners
Rhea-AI Summary
Fathom Digital Manufacturing Corp. (FATH) has received a non-binding proposal from CORE Industrial Partners, LLC to acquire all outstanding shares for $4.50 cash per share. The proposal comes from CORE Funds, which collectively own approximately 63% of the Company's outstanding voting power. The Board has formed a Special Committee to evaluate the proposal and any other strategic alternatives available to the Company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.71%
Tags
acquisition
-
News
Fathom Digital Manufacturing Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Fathom Digital Manufacturing Corp. (NYSE: FATH) announced third quarter and year to date 2023 financial results, highlighting $31.5 million in revenue, $29.0 million in total orders, and a net loss of $(8.6) million. The company also appointed Carey Chen as the new CEO and announced plans for profitable growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.97%
Tags
earnings
-
News
Fathom Digital Manufacturing to Hold Third Quarter 2023 Conference Call on Tuesday, November 14, 2023 at 8:30 am ET
Rhea-AI Summary
Fathom Digital Manufacturing Corp. (NYSE: FATH) plans to release its financial results for the third quarter ended September 30, 2023 on November 14, 2023. The company will also hold a conference call on the same day at 8:30 am Eastern Time. The conference call will be accessible via phone and will be broadcast live over the Internet with a slide presentation. A replay of the conference call will be available until November 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
earnings
News
Fathom Digital Manufacturing Corporation Appoints Carey Chen as Chief Executive Officer
Rhea-AI Summary
Fathom Digital Manufacturing Corp. appoints Carey Chen as CEO, succeeding Ryan Martin. Chen brings extensive manufacturing experience and a track record of leading industrial companies. Fathom aims to fortify its position in the on-demand digital manufacturing services industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
management
-
News
Fathom Digital Manufacturing Corporation Reports Inducement Equity Grant Pursuant to NYSE Rule 303A.08
Rhea-AI Summary
Fathom Digital Manufacturing Corp. has granted inducement equity awards to Carey Chen as the new CEO, consisting of 256,426 shares of Fathom common stock. The awards include time-vesting and performance-vesting restricted stock units.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
none
-
News
Fathom Digital Manufacturing 1-for-20 Reverse Stock Split Becomes Effective
Rhea-AI Summary
Fathom Digital Manufacturing Corp. has implemented a 1-for-20 reverse stock split, reducing the number of issued and outstanding shares of its Class A common stock from approximately 70.1 million to approximately 3.5 million. The split is aimed at increasing the per share market price to meet the minimum $1.00 average closing price requirement for continued listing on the NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
Tags
none
News
Fathom Digital Manufacturing Announces 1-for-20 Reverse Stock Split
Rhea-AI Summary
Fathom Digital Manufacturing Corp. announces a 1-for-20 reverse stock split to increase the per share market price of its Class A common stock. The reverse stock split will reduce the current number of issued and outstanding shares of Class A common stock from approximately 70.1 million to approximately 3.5 million. The reverse stock split will not alter any stockholder's percentage interest in the Company's equity. The primary goal is to meet the minimum $1.00 average closing price requirement for continued listing on the NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.86%
Tags
none
-
News
Fathom Digital Manufacturing Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Fathom Digital Manufacturing Corp. announced financial results for Q2 2023. Revenue was $34.5 million, total orders were $38.0 million, net loss was $(7.3) million, and adjusted EBITDA was $4.8 million with a margin of 14.0%. For the first half of 2023, revenue was $69.5 million, total orders were $72.6 million, net loss was $(8.6) million, and adjusted EBITDA was $8.9 million with a margin of 12.8%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-34.8%
Tags
earnings
-
News
Fathom Digital Manufacturing to Hold Second Quarter 2023 Conference Call on Monday, August 14 at 8:30 am ET
Rhea-AI Summary
Fathom Digital Manufacturing Corp. (NYSE: FATH) will release its financial results for the second quarter ended June 30, 2023, on August 14, 2023, before the market opens. The company will also hold a conference call at 8:30 am Eastern Time on the same day, which will be broadcast live over the Internet and include a slide presentation. A replay of the conference call will be available until August 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.35%
Tags
earnings
News
Fathom Digital Manufacturing Reports First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
earnings
Stock FATH logo
Fathom Digital Manufacturing Corporation

NYSE:FATH

FATH Rankings

#5176 Ranked by Market Cap
#5494 Ranked by Stock Gains
N/A Ranked by Dividends

FATH Stock Data

30.84M
1.54M
15.71%
62.11%
0.51%
Iron and Steel Forging
Manufacturing
Link
United States
Hartland

About FATH

fathom is driven by advanced technologies that enhance and accelerate a company’s product development and manufacturing processes. every day, industry-leading companies leverage fathom’s expertise to put satellites into orbit, electric cars on freeways, and a full spectrum of devices into people’s hands and homes. fathom’s services focus on prototype fabrication and production parts by way of uniquely blending additive technologies and materials with foundational manufacturing methods—companies go from concept to prototype to production in a way that wasn’t previously possible. this complete offering is supported by a dynamic in-house industrial design and mechanical engineering focused team. fathom strives to be its customers’ preferred partner for accelerated product development by providing best-in-class equipment, services, and support. stratasys/objet—among top resellers [ 2009-2017 ] inc 5000 [ 2013-2017 ] no. 369, 1312, 1002, 1279, 2117 icic inner city 100 in fortune [ 2014-2017