Stratasys Ltd is a leading provider of additive manufacturing and 3D printing solutions, offering a wide range of technologies and materials that cater to various industries, including aerospace, automotive, healthcare, and education
The company develops advanced 3D printers that facilitate the creation of prototypes and production parts, enabling businesses to enhance their design processes, reduce time to market, and drive innovation. Stratasys also provides software solutions that streamline the 3D printing workflow, along with a comprehensive portfolio of materials that enable users to produce functional, end-use parts with high accuracy and durability. Through its commitment to research and development, Stratasys is at the forefront of transforming how products are designed, manufactured, and brought to life.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at custom parts manufacturing stocks, starting with Proto Labs (NYSEPRLB).
Stratasys (NASDAQSSYS) has declared that its TrueDent-D™ resin is available for sale in Europe as a CE Mark Class I medical device. This milestone enables the sale of its TrueDent™ monolithic multi-shade digital denture solution in European countries that require CE marking.
Stratasys has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 13.7% to $9.44 per share while the index has gained 8.8%.
Stratasys Ltd. (NASDAQSSYS) today announced the publication of its third Mindful Manufacturing™ ESG (Environment, Social, and Governance) and Sustainability Report. Prepared in accordance with the Global Reporting Initiative (GRI) and referencing SASB (Sustainability Accounting Standards Board) standards, the report underscores Stratasys’ commitment to ESG excellence and enterprise risk management through best-in-class corporate governance, a people-first approach, meaningful social impact, and robust environmental stewardship.
ArcelorMittal, a leading steel manufacturer in Europe, has expanded its use of 3D printing by adopting the F370® 3D printer within its research centre based in Maizières-lès-Metz, transforming the tooling and prototyping aspects of its manufacturing processes, Stratasys (NASDAQSSYS) announced today.
An Israeli company, Stratasys Ltd., saw shares climb after the company raised its earnings outlook for the year and unexpectedly turned an adjusted profit in the third quarter.
3E EOS, a leader in electro-optic systems, has expanded its additive manufacturing capabilities with a significant investment in Stratasys (NASDAQSSYS) technology, the company announced today. This expansion includes the addition of multiple Stratasys FDM 3D printers, bringing their total fleet to 15 large-scale systems, including the F3300, Neo800, F900, F770, Origin One models and SAF technologies.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the custom parts manufacturing industry, including Desktop Metal (NYSEDM) and its peers.
Stratasys Ltd. (NASDAQSSYS) today announced an expanded long-term technical partnership with NASCAR, making Stratasys the official 3D printing partner of NASCAR. NASCAR will now exclusively use Stratasys 3D printing technology for the design and production of parts and tools across NASCAR, replacing previous technologies used alongside Stratasys solutions.
Stratasys Ltd. (NASDAQSSYS) and Joe Gibbs Racing (JGR), today announced a five-year extension of their current working agreement that spans more than 20 years. The extension of its longstanding partnership with Joe Gibbs Racing, one of the most successful teams in NASCAR, cements Stratasys’ role as their trusted partner in additive manufacturing.
iSQUARED, a wholly-owned subsidiary of Stratasys (NASDAQSSYS), announced today an expansion of its portfolio of materials validated for use in Stratasys 3D printers, alongside the launch of a marketplace for pre-owned Stratasys machines.
Stratasys Ltd. (NASDAQSSYS) today announced that Gulf Wind Technology, a company dedicated to advancing rotor design for wind turbines, is using Stratasys additive manufacturing solutions to enhance their ability to test and improve wind turbine models. Gulf Wind Technology’s implementation of Stratasys technologies showcases the unique advantages of additive manufacturing alongside traditional methods, offering significant improvements in design iteration turnaround time and flexibility.
Stratasys Ltd. (NASDAQSSYS) today announced its collaboration with Baralan, a leading provider of primary packaging for the cosmetics industry, to expand creative possibilities in cosmetic packaging through Stratasys’ PolyJet™ technology. Baralan is utilizing Stratasys’ 3D printing specifically to produce end-use parts on glass and plastic containers, offering high-end brands customized, fully decorated packaging that supports both personalization and low-volume production runs.
Shares of 3D printing company Stratasys (NASDAQSSYS) jumped 21.3% in the morning session after the company reported impressive third-quarter results that blew past analysts' EPS and EBITDA outperformed Wall Street's estimates. Sales were roughly in line with expectations, enabling the company to meet revenue guidance for the full year. However, sales declined 13.6% year-on-year due to a drop in hardware sales, as customers reduced capital spending amid economic uncertainty. However, the guidance was more optimistic as management expects a slight sequential improvement in hardware sales, particularly in the dental and government sectors. Zooming out, we think this was a solid quarter.
Stratasys (NASDAQSSYS) today announced enhancements to its GrabCAD Print™ and GrabCAD Print Pro™ software, introducing emissions estimations to aid in sustainability efforts. In addition, GrabCAD Print is now available for use on the Neo® stereolithography (SLA) platform, allowing customers to use the same GrabCAD Print build preparation software for all 3D printers offered by Stratasys.
3D printing company Stratasys (NASDAQSSYS) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 13.6% year on year to $140 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $575 million at the midpoint. Its non-GAAP profit of $0.01 per share was 129% above analysts’ consensus estimates.
Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced financial results for the third quarter of 2024.
Stratasys (NASDAQSSYS) today announced the latest updates to its FDM® Fused Deposition Modeling and P3™ Programmable PhotoPolymerization product portfolios. These will be showcased at Formnext 2024, November 19-22, in Frankfurt, Germany.
Stratasys Ltd. (Nasdaq: SSYS), is collaborating with AM Solutions – 3D post processing technology, a brand of the Rösler Group, to launch Stratasys PowderEase™ TI, an innovative 3-in-1 post-processing solution designed for the Stratasys H350® SAF® powder bed printer. This new post-processing system drives towards important customer milestones, including shorter time to finished parts, more efficient powder use, and the ability handle the outcome of multiple printers at one time with a single T1 system. The PowderEase T1 will be manufactured at the German location of the Rösler brand AM Solutions - 3D post processing technology.
