Stratasys News
430 articles
Stratasys Conference Call to Discuss Third Quarter 2025 Financial Results
Stratasys Ltd., a leader in additive manufacturing and 3D printing solutions, announced it will release its third-quarter financial results for 2025 on November 13. The company will host a conference call to discuss these results, which will be accessible via a live webcast. Stratasys is known for its innovative solutions across various industries, including aerospace, automotive, consumer products, and healthcare. The company emphasizes its role in transforming product design, manufacturing, and supply chains. The announcement is seen as growth-positive, highlighting Stratasyss ongoing commitment to transparency and engagement with investors.
Stratasys Launches iAM Marketplace, Redefining Access to Additive Manufacturing Materials and Solutions
Stratasys Ltd. has launched the iAM Marketplace™, a new independent platform designed to enhance the adoption of additive manufacturing (AM) across the product lifecycle. This platform offers a wide selection of high-quality polymer materials, engineering services, and products, aiming to streamline purchasing and support agile supply chains for manufacturers globally. The marketplace is backed by Stratasys and integrates materials expertise from iSQUARED, Forward AM, and Nexa3D. It complements Stratasys existing materials portfolio, providing manufacturers with flexibility and access to certified materials for diverse applications. The launch marks a significant step in Stratasys materials strategy, expanding its market reach within the polymer AM industry.
Product StagePartners
Stratasys (SSYS) Valuation: Fresh Optimism Follows Aerospace Wins, Acquisitions, and Easing Market Pressures
Stratasys has experienced a significant increase in its share price, driven by positive market sentiment and easing geopolitical tensions. The company has recently gained momentum through new aerospace certifications and strategic acquisitions, despite facing challenges such as flat revenues and a trimmed outlook. Stratasys is seen as undervalued, trading below its fair value estimate, and is gaining traction with major manufacturers like GM, Toyota, and Blue Origin. The company is poised for growth as macroeconomic conditions improve and delayed deals close. However, risks such as customer delays and competitive pressures could impact its bullish outlook.
AcquisitionCustomers
How Investors Are Reacting To Stratasys (SSYS) Lowered Outlook and Portfolio Expansion
Stratasys reported flat revenue and lowered its full-year outlook despite exceeding sales forecasts and completing acquisitions to expand its 3D-printing portfolio. The company has formed recent collaborations in aerospace and partnerships with major manufacturers, including a notable partnership with Toyota. These moves position Stratasys to potentially benefit from easing macroeconomic pressures and shifts in sector demand. However, ongoing customer delays pose a short-term risk, affecting revenue stability. Stratasys anticipates $573 million in revenue and $56.6 million in earnings by 2028, despite a projected annual revenue decline. The companys fair value is estimated at $13.33, suggesting an 18% upside to its current price. Persistent customer delays for large production deals remain a material risk.
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3 Cash-Burning Stocks with Warning Signs
The article discusses the challenges faced by Skillz, a company offering a platform for mobile game developers. Skillz has been experiencing a significant cash burn, with a trailing 12-month free cash flow margin of -71.4%. The companys value proposition is not resonating well, as evidenced by a 24.5% drop in paying monthly active users over the last two years. This has raised concerns about its ability to generate shareholder value. Limited cash reserves may force Skillz to seek unfavorable financing terms, potentially diluting shareholders. The article suggests caution for investors considering Skillz due to these financial challenges.
Customers
Stratasys, Shoals, nLIGHT, Powell, and Sterling Shares Are Soaring, What You Need To Know
The article discusses a positive shift in the stock market, driven by favorable corporate earnings, easing political and trade tensions, and optimism about potential interest rate cuts. Apple shares rose significantly, contributing to the markets upward momentum. Stratasys, a custom parts manufacturing company, saw its stock jump by 10.9%, indicating a significant positive impact on market perception. The article highlights the broader markets positive response to the de-escalation of U.S.-China trade tensions and hopes for an end to the U.S. government shutdown. The overall sentiment is growth-positive, with investors focusing on earnings and potential Federal Reserve rate cuts.
Saudi Arabia 3D Printing Medical Devices Market Review 2018-2024 and Forecast 2025-2034 Featuring Philips, GE Healthcare, Nikon SLM Solutions, and Stratasys
The Saudi Arabian 3D printing medical devices market is experiencing significant growth, driven by the demand for personalized implants and prosthetics, supported by the governments Vision 2030 initiative. The market, valued at USD 52.09 million in 2024, is expected to grow at a CAGR of 14.90% to reach USD 208.91 million by 2034. Key drivers include the expansion of additive manufacturing and significant governmental support. A notable development is the joint venture between 3D Systems and Dussur to establish an Innovation and Additive Manufacturing Center in Riyadh, initially energy-focused but now pivoting towards healthcare solutions. This initiative, along with others like Immensas USD 15 million facility, highlights the trend towards localized manufacturing and healthcare digitization.
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Rocket Lab, SolarEdge, Stratasys, Powell, and AAON Shares Are Soaring, What You Need To Know
The article discusses a positive shift in investor sentiment following a softened tone from President Donald Trump regarding U.S.-China relations. This led to a significant rise in major stock indices, including the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average. Several companies, including Powell, experienced stock price increases. Powells shares rose by 5%, indicating a positive market reaction, although the companys shares are noted for their volatility. The article also references a previous market reaction to the Federal Reserves interest rate cut, which had initially caused a pullback but ultimately led to a rise in stock prices.
3 Small-Cap Stocks That Fall Short
The article discusses the challenges faced by three small-cap companies: Appian, Stratasys, and BrightView. Appian, a provider of a low-code platform for automating processes and operationalizing AI, has seen unexciting sales trends and limited customer growth due to long payback periods on sales and marketing expenses. Its poor free cash flow margin restricts investment in growth initiatives. Stratasys, known for its 3D printers, faces end-market challenges and poor expense management, leading to operating margin losses. BrightView, a landscaping service provider, has experienced declining sales and earnings per share, reflecting increased investments to maintain its market position.
Knight-Swift Transportation, Universal Logistics, Genco, Stratasys, and Werner Shares Are Falling, What You Need To Know
The article discusses the impact of potential U.S. tariff increases on China, following Chinas new export controls on strategic minerals. This geopolitical tension has led to stock price declines in several companies, including Universal Logistics, which fell by 7.4%. The tariffs and export controls are causing investor anxiety due to potential disruptions in global supply chains and increased material costs. The article highlights the volatility of Universal Logistics shares, noting that the market views the news as significant but not fundamentally altering the business perception. Additionally, a new 25% tariff on imported trucks announced by President Trump is expected to impact truck manufacturers, affecting supply chains and pricing.
Additive Manufacturing Market Trends and Forecasts, 2032 - Stratasys, 3D Systems, GE Additive, and EOS Drive Growth Through Innovation, R&D Investment, and Cross-Industry Collaboration
The additive manufacturing market is experiencing rapid growth, driven by the demand for customized, lightweight, and complex components in industries such as automotive, aerospace, and healthcare. The market is projected to grow from $26 billion in 2025 to $132 billion by 2032, with a CAGR of 26.12%. Key drivers include rapid prototyping, cost reduction, and technological innovations like AI-driven design optimization. Challenges include high initial costs and limited material availability. North America leads the market, with significant growth expected in Asia Pacific. Leading companies like Stratasys, 3D Systems, GE Additive, and EOS GmbH are focusing on innovation and strategic expansions.
American Superconductor, Stratasys, FuelCell Energy, Methode Electronics, and Lennar Shares Are Falling, What You Need To Know
The article discusses the impact of the ongoing U.S. government shutdown on various sectors, highlighting the economic uncertainty it has caused. Stocks, including those of Methode Electronics, fell due to investor anxiety. The shutdown has delayed the release of crucial economic data, affecting Federal Reserve policy decisions and causing disruptions such as staffing shortages at the FAA. This has led to widespread delays at major airports. The article also notes rising short-term inflation expectations and deteriorating labor market outlooks, which could affect consumer spending. Despite the stock markets volatility, the article suggests that significant price drops might present buying opportunities for high-quality stocks.
2 High-Flying Stocks Worth Investigating and 1 We Brush Off
The article discusses the stock analysis of three companies: Stratasys, Ollies Bargain Outlet, and Badger Meter. Stratasys, known for its 3D printers, is facing challenges with stagnant sales, inefficient cost structure, and increased capital intensity, leading to a negative growth outlook. Ollies Bargain Outlet is expanding its market presence with new stores and increased same-store sales, indicating a positive growth trajectory. Badger Meter is experiencing significant revenue and earnings growth, making it an attractive investment with its strong cash flow and reduced capital intensity. The article advises caution with Stratasys due to its current financial challenges.
Serve Robotics Stock Delivers 83 RS Rating
Serve Robotics has achieved a significant milestone with its stock reaching a Relative Strength Rating of 83, surpassing the benchmark of 80. This rating, provided by Investors Business Daily, indicates strong market leadership and suggests that Serve Robotics is a stock to watch for potential investors. The rating scale ranges from 1 to 99, with Serve Robotics recent performance highlighting its growth potential in the market.
3 Low-Volatility Stocks Walking a Fine Line
The article discusses three low-volatility stocks, including Altice USA, Churchill Downs, and Stratasys, and suggests avoiding them due to various challenges. Altice USA, a telecommunications company, is facing low demand for its services, declining earnings per share, and limited cash reserves, which may lead to unfavorable financing terms. Churchill Downs, known for the Kentucky Derby, has shown muted revenue growth and low returns on capital. Stratasys, a 3D printing company, is experiencing end-market challenges, flat sales, and poor expense management. The article advises investors to consider better opportunities elsewhere.
Customers
Why 3D Systems (DDD) Stock Is Trading Up Today
Shares of 3D Systems surged by 11.9% following positive developments in the broader 3D printing and additive manufacturing industry. This uptick was influenced by Stratasys opening a new North American Tooling Center and Agnikul Cosmos establishing an additive manufacturing facility in India. These moves indicate growing innovation and adoption in the sector, boosting investor confidence. Additionally, the Federal Reserves recent interest rate cut has further fueled optimism in the stock market, benefiting tech stocks like 3D Systems. Despite the companys shares being volatile, the recent developments have positively impacted market perception.
Stratasys (SSYS) Stock Trades Up, Here Is Why
Stratasys, a leader in industrial 3D printing, announced the opening of its new North American Tooling Center of Excellence in Flint, Michigan. This initiative, in partnership with Automation Intelligence, LLC, aims to revolutionize the way automakers and manufacturers create tools for production lines. The center is designed to help car makers and suppliers use 3D printing for faster and cheaper production. The announcement led to a 9.5% increase in Stratasyss share price, indicating a positive market reaction. Despite recent volatility in its stock price, Stratasys has seen a 33.7% increase since the beginning of the year.
Partners
Winners And Losers Of Q2: Stratasys (NASDAQ:SSYS) Vs The Rest Of The Industrial Machinery Stocks
Stratasys, a company known for its 3D printers and related services, reported Q2 revenues of $138.1 million, which exceeded analysts expectations by 0.7%. Despite this, the companys full-year EBITDA guidance fell short of expectations, leading to an 8.3% drop in its stock price, which currently trades at $10.43. The industrial machinery sector, including Stratasys, is influenced by economic cycles, consumer spending, and interest rates. While Stratasys has shown resilience through its recurring revenue streams, the softer quarter reflects challenges in meeting broader financial expectations.
Stratasys Advances Mindful Manufacturing™ Vision With Fourth Annual ESG and Sustainability Report, Featuring Year-Over-Year Scope 3 Emissions Disclosure
Stratasys Ltd. has released its fourth annual ESG & Sustainability report, showcasing significant progress in sustainable manufacturing practices. The report highlights a 23.1% reduction in overall carbon footprint from 2023 to 2024, the first-ever Scope 3 emissions disclosure, and various initiatives such as the SAF™ ReLife program and the GrabCAD Carbon Estimator. These efforts demonstrate Stratasys commitment to climate-conscious operations and accountability. The company has also achieved a 38% female manager hiring rate and a record-high employee engagement score. Stratasys approach to sustainability is central to its innovation and leadership in additive manufacturing, aiming to meet rising environmental expectations while reducing costs and waste.
3 Cash-Heavy Stocks We Approach with Caution
The article discusses three companies with net cash positions that are currently facing challenges, suggesting they may not be good investment options. Omnicell, a company providing medication management automation tools, is highlighted for its declining sales and profitability over the past two years. The company has faced significant end-market challenges, leading to a 3.5% annual decline in sales and a 6.1% annual drop in earnings per share. Additionally, Omnicells free cash flow margin has decreased by 13.1 percentage points over five years due to increased investments to maintain its market position. The article suggests reconsidering investment in Omnicell.
Customers
1 Cash-Producing Stock on Our Watchlist and 2 Facing Headwinds
The article discusses three companies, highlighting Dutch Bros as a growth-positive investment due to its rapid expansion and strong same-store sales performance. Dutch Bros, a coffee chain, has effectively leveraged its financial strength to expand its restaurant footprint, achieving an average same-store sales growth of 5.4% over the past two years. In contrast, Stratasys and Schneider are portrayed as less favorable investments due to flat sales, inefficient cost structures, and declining earnings. The article emphasizes the importance of effective cash flow management and strategic growth to outperform competitors.
Customers
3D Printing Industry Company Evaluation Report 2025 | Stratasys, EOS, and 3D Systems Lead with Advanced Technologies, Strategic Partnerships, and Global Expansions
The article discusses the 3D Printing Companies Quadrant, which evaluates over 100 companies in the global 3D printing market, recognizing the top 25 as quadrant leaders. Companies like Stratasys, EOS GmbH, and 3D Systems are highlighted for their innovation and strategic partnerships. The report emphasizes the application of 3D printing across various sectors, such as automotive, aerospace, and healthcare, which enhances efficiency and reduces manufacturing costs. The 360 Quadrant evaluates companies based on revenue, geographic presence, growth strategies, investments, and sales strategies. Key players are investing in R&D and forming partnerships to drive innovation and maintain a competitive edge.
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1 Stock Under $50 to Own for Decades and 2 We Avoid
The article discusses three companies with stocks under $50, highlighting their potential and challenges. Stratasys, known for its 3D printers, faces challenges with flat sales and a suboptimal cost structure, raising concerns about its ability to generate shareholder value. Telephone and Data Systems, operating through UScellular and TDS Telecom, is experiencing declining sales and earnings, posing challenges in its end markets. In contrast, American Superconductor has shown impressive revenue growth of 49.8% annually over the last two years, achieving financial self-sustainability and increasing returns on capital. This positions AMSC as a company with significant growth potential.
National Vision, Freshpet, Gray Television, Stratasys, and Erie Indemnity Shares Plummet, What You Need To Know
The article discusses the impact of macroeconomic factors such as tariffs, Treasury yields, and historical stock performance on various companies, including Erie Indemnity. The companys stock fell by 4.4% amid broader market concerns, including a federal court ruling on tariffs and rising Treasury yields. Despite the decline, the article suggests that the market reaction may be an overreaction, presenting potential buying opportunities for high-quality stocks. Erie Indemnitys stock is down 17.5% since the beginning of the year and is trading significantly below its 52-week high. The article also touches on the broader impact of generative AI on businesses.
Why Stratasys (SSYS) Shares Are Falling Today
Stratasys, a 3D printing company, experienced a 5.2% decline in its stock price amid a broader market retreat affecting technology stocks. This decline was not due to company-specific news but rather negative market sentiment. The company had previously lowered its full-year financial outlook due to prolonged macroeconomic challenges, which contributed to investor concerns. Despite meeting second-quarter earnings estimates, the companys revised revenue and earnings guidance were below analyst expectations. Stratasyss stock remains volatile, with significant price movements over the past year. The company is trading below its 52-week high, and its long-term investors have seen a decrease in their investment value.
Stratasys Announces 2025 Annual General Meeting of Shareholders
Stratasys Ltd. announced its 2025 Annual General Meeting of Shareholders scheduled for September 30, 2025, in Israel. The agenda includes the re-election of directors, approval of an amended compensation package for CEO Yoav Zeif, and the reappointment of Kesselman & Kesselman as independent auditors. The board recommends shareholders vote in favor of these proposals. The approval of the compensation package requires a majority vote from non-controlling shareholders without a conflict of interest, as per Israeli Companies Law. The meeting will determine the companys governance and compensation structure for the upcoming year.
Management Changes
The 5 Most Interesting Analyst Questions From Stratasys’s Q2 Earnings Call
Stratasys reported flat sales for Q2, slightly exceeding Wall Street expectations, but faced negative market reactions due to cautious management commentary and delays in customer capital spending. CEO Yoav Zeif highlighted disciplined customer behavior and longer sales cycles as challenges, with significant deals yet to close. The company adjusted its full-year revenue guidance downward and lowered its EPS and EBITDA forecasts. Analysts raised concerns about regional and vertical delays, margin improvements, and cost reduction efforts. Stratasys expects margin growth from cost controls rather than large deal closures. Proven use cases with automakers like General Motors and Toyota could drive future partnerships and market penetration.
CustomersProduct Stage
Top 3D Printing Stocks for Higher Returns and Portfolio Growth
The article discusses the transformative impact of 3D Printing technology, highlighting its rapid advancement since the 1980s. Companies like Xometry, Proto Labs Inc., and Stratasys, Ltd. are leading the charge in this space, leveraging the technologys cost-effectiveness, customization, precision, and sustainability. 3D Printing is revolutionizing industries such as healthcare, aerospace, automotive, and consumer goods by enabling rapid prototyping, on-demand production, and the creation of complex shapes. The global 3D Printing market is projected to grow significantly, with North America leading the sector. The healthcare 3D Printing market is expected to see substantial growth, driven by advancements in personalized medical tools and prosthetics.
3 Unprofitable Stocks with Questionable Fundamentals
The article discusses the challenges faced by three unprofitable companies: Stratasys, 3D Systems, and Tandem Diabetes Care. Stratasys is criticized for stagnant sales and poor expense management, leading to operating margin losses. 3D Systems has seen a decline in sales and diminishing returns on capital, with limited cash reserves potentially forcing unfavorable financing. Tandem Diabetes Care faces disappointing pump shipments and a short cash runway, increasing the likelihood of a capital raise that could dilute shareholders. The article suggests these companies are not promising investments and highlights their financial struggles.
Customers
Dental 3D Printing Company Evaluation Report 2025 | Stratasys, 3D Systems, and Formlabs Lead Across Industrial, Healthcare, and Dental Applications
The article discusses the Dental 3D Printing market, highlighting key players such as Stratasys, 3D Systems, and Formlabs. The market is experiencing growth due to factors like the rising prevalence of dental diseases, increased demand for cosmetic dentistry, and the adoption of 3D printers in dental clinics. North America leads the market, supported by advanced dental infrastructure and high oral care expenditures. The report from MarketsandMarkets 360 Quadrants evaluates over 230 companies and recognizes the top 25 as quadrant leaders. Companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation and maintain a competitive edge.
Product StagePartners
SSYS Q2 Deep Dive: Lower Guidance Cites Delays in Large Deals, Cost Controls Offset Margin Pressures
Stratasys, a 3D printing company, reported Q2 CY2025 revenue slightly above Wall Street expectations at $138.1 million, though sales remained flat year-on-year. Despite meeting non-GAAP profit estimates, the company lowered its full-year revenue guidance to $555 million, 2.9% below analyst expectations. The market reacted negatively due to cautious management commentary and delays in customer capital spending. CEO Yoav Zeif noted extended sales cycles and disciplined customer behavior, particularly for large production deals. The company anticipates minimal contributions from delayed opportunities but expects cost reductions to support margins. Stratasys remains optimistic about growth in high-value sectors like automotive, aerospace, and medical once customer confidence returns.
Customers
Why Stratasys (SSYS) Stock Is Down Today
Stratasys, a 3D printing company, experienced a 12.5% drop in its stock price after lowering its full-year financial outlook due to prolonged macroeconomic challenges. Despite meeting second-quarter earnings estimates and slightly surpassing revenue forecasts, the company revised its 2025 revenue guidance to $550-$560 million, below the consensus estimate of $572.5 million. The earnings outlook was also reduced, with adjusted earnings per share now expected to be $0.13-$0.16, significantly lower than the $0.32 analysts had projected. CEO Dr. Yoav Zeif attributed the revision to ongoing economic uncertainty and restrained customer spending. The stocks volatility is notable, with 24 moves greater than 5% over the past year. Despite recent positive developments like the U.S.-China tariff truce extension, Stratasyss shares remain 24% below their 52-week high.
Stratasys Cuts Outlook, CEO Points To Temporary Macroeconomic Drag
Stratasys reported its fiscal second-quarter 2025 results, showing flat revenue year-on-year at $138.1 million, slightly above analyst expectations. Despite improvements in adjusted operating income and net income compared to the previous year, the companys adjusted gross margin declined. The CEO cited temporary macroeconomic challenges affecting customer capital spending. Stratasys revised its revenue and earnings outlook downward, leading to a 14.95% drop in stock price. The company has seen a 28% stock gain year-to-date, having topped quarterly estimates in the last three quarters.
Stratasys (SSYS) Meets Q2 Earnings Estimates
Stratasys reported quarterly earnings of $0.03 per share, matching the Zacks Consensus Estimate, and improved from a loss of $0.04 per share a year ago. The company, a leader in 3D printing, posted revenues of $138.09 million, slightly surpassing expectations. Over the past four quarters, Stratasys has consistently exceeded consensus EPS estimates three times. The companys stock has risen by approximately 27.9% since the start of the year, outperforming the S&P 500s 9.6% gain. Despite mixed estimate revisions, Stratasys holds a Zacks Rank #3 (Hold), indicating expected market-aligned performance. Future stock movements will depend on managements commentary and earnings outlook.
Stratasys: Q2 Earnings Snapshot
Stratasys Ltd., a company based in Minnetonka, Minnesota, reported a loss of $16.7 million in its second quarter, equating to a loss of 20 cents per share. After adjustments for non-recurring costs and stock option expenses, earnings were 3 cents per share. The company, which specializes in 3D printers, posted revenue of $138.1 million for the period. Stratasys anticipates full-year earnings to be between 13 cents and 16 cents per share. The article was generated by Automated Insights using data from Zacks Investment Research.
Stratasys’s (NASDAQ:SSYS) Q2 Sales Beat Estimates But Stock Drops 10.2%
Stratasys, a 3D printing company, reported its Q2 CY2025 results, which exceeded Wall Streets revenue expectations with $138.1 million, a 0.7% beat. However, the companys full-year revenue guidance was reduced to $555 million, 3.1% below analysts estimates, indicating a growth-negative impact. The non-GAAP profit per share was in line with expectations at $0.03. Despite resilience in recurring revenue streams, Stratasys has struggled with consistent demand growth, with sales over the trailing 12 months close to five-year-ago levels. Analysts project a 3.6% revenue growth over the next year, driven by newer products and services, though still below sector averages.
Stratasys Releases Second Quarter 2025 Financial Results
Stratasys Ltd., a leader in polymer 3D printing solutions, reported its financial results for the second quarter of 2025. The company achieved a slight revenue increase to $138.1 million compared to the previous year, despite macroeconomic challenges. Stratasys reported a GAAP net loss of $16.7 million but a non-GAAP net income of $2.2 million, indicating resilience in its business model. The company has $254.6 million in cash reserves and no debt, providing financial flexibility to invest in innovation and growth opportunities. CEO Dr. Yoav Zeif expressed optimism about future business opportunities and the companys ability to deliver sustainable value once economic challenges subside.
Hub Group, Universal Logistics, THOR Industries, Stratasys, and Schneider Shares Are Soaring, What You Need To Know
The article discusses the positive impact of an in-line inflation report and the extension of the U.S.-China tariff truce on the stock market, particularly benefiting cyclical sectors like industrials. Universal Logistics, among other companies, saw a significant stock price increase due to these developments. The Consumer Price Index held steady at 2.7% year-over-year, boosting investor optimism for potential interest rate cuts by the Federal Reserve. This could lower borrowing costs for companies and consumers. The extension of the tariff truce alleviates concerns about trade tensions, benefiting companies reliant on global supply chains. Despite recent volatility, the market views this news as meaningful but not fundamentally altering the perception of Universal Logistics.
Stratasys (SSYS) Q2 Earnings Report Preview: What To Look For
Stratasys, a 3D printing company, is set to report its earnings this Wednesday. Last quarter, the company exceeded analysts revenue expectations by 1.1%, with revenues of $136 million, although this was a 5.6% decline year-on-year. Analysts expect this quarters revenue to be flat at $137.2 million, with adjusted earnings of $0.03 per share. Despite missing Wall Streets revenue estimates four times in the past two years, analysts have maintained their estimates for Stratasys. The companys stock has decreased by 3.2% over the last month, with an average analyst price target of $15.33, compared to the current share price of $10.82.
PTC Appoints Jon Stevenson as Executive Vice President, Chief Product Officer
PTC has announced the appointment of Jon Stevenson as Executive Vice President and Chief Product Officer. Stevenson, who brings over three decades of experience in product development and technology innovation, will oversee the strategy, development, and delivery of PTCs Digital Thread product portfolio. His expertise in CAD, PLM, AI, and SaaS is expected to accelerate PTCs priorities, including PLM and ALM integration, CAD, transition to SaaS, and embedding AI across its product portfolio. This leadership change is part of PTCs strategy to enhance customer engagement and drive digital transformation in industrial software.
Management Changes
Toyota Accelerates Production Innovation with Stratasys; Drives Efficiency, and Improves Lead Times with Additive Manufacturing
Stratasys Ltd. has announced a strategic collaboration with Toyotas production engineering group to enhance innovation on the factory floor through advanced 3D printing technology. This partnership, which has been ongoing for over a decade, allows Toyota engineers to access industrial-grade 3D printers and advanced materials, enabling rapid prototyping and adaptation to production needs. The integration of Stratasys solutions across Toyotas North American operations supports the creation of durable, customized tools that enhance worker safety and efficiency. The collaboration highlights Stratasys commitment to transforming manufacturing workflows with scalable, cost-effective additive solutions.
Partners
3 Reasons SSYS is Risky and 1 Stock to Buy Instead
The article discusses the financial struggles of Stratasys, whose stock price has fallen to $10.95, resulting in a 14.8% loss for shareholders over the past six months. Despite a cheaper entry price, analysts express little confidence in the companys future. Stratasys has experienced weak demand over the last five years, with sales declining at a 1.7% annual rate and EPS dropping by 13.6% annually. The companys free cash flow margin averaged negative 4.8%, indicating financial strain. The article suggests that Stratasys does not meet quality standards and recommends considering other investment opportunities.
1 of Wall Street’s Favorite Stock to Keep an Eye On and 2 We Brush Off
The article discusses the stock performance and market outlook for three companies: Stratasys, Eastern Bankshares, and Globus Medical. Stratasys, known for its 3D printers and related services, has faced a decline in sales and earnings per share over the past five years, raising concerns about its long-term viability. Eastern Bankshares, a bank holding company, has shown modest revenue growth but struggles with capital management, leading to a forecasted decline in profitability. Globus Medical, on the other hand, has a strong portfolio of new products and a positive market outlook. The article highlights the importance of independent analysis in evaluating stock performance beyond Wall Streets bullish projections.
Public Trading
Stratasys Conference Call to Discuss Second Quarter 2025 Financial Results
Stratasys Ltd., a leader in additive manufacturing and 3D printing solutions, is set to release its financial results for the second quarter of 2025 on August 13, 2025. The company will host a conference call to discuss these results, which will be accessible via a live webcast. Stratasys provides innovative solutions across various industries, including aerospace, automotive, consumer products, and healthcare. The companys offerings include smart 3D printers, polymer materials, and a software ecosystem, which help organizations transform product design and improve manufacturing and supply chains. Stratasys emphasizes its commitment to using social media platforms for sharing material information in compliance with SEC regulations.
Andretti Global and Stratasys Extend Multi-Year Partnership
Stratasys (SSYS) Surges 6.9%: Is This an Indication of Further Gains?
Stratasys shares increased by 6.9% in the last trading session, closing at $11.73, driven by higher trading volumes. The company is benefiting from ongoing R&D investments, leading to the launch of new products like GrabCAD Print Pro 2025. Stratasys is expected to report quarterly earnings of $0.03 per share, a 175% year-over-year increase, with revenues slightly down by 0.4% to $137.43 million. The stock holds a Zacks Rank #3 (Hold), with no recent changes in earnings estimates. The article highlights the importance of earnings estimate revisions in stock price movements and suggests monitoring Stratasys for future strength.
Product StagePublic Trading
Stratasys Launches GrabCAD Print Pro™ 2025 to Accelerate Production Fixture Creation and Streamline Additive Workflows
Stratasys Ltd. has announced the release of GrabCAD Print Pro™ 2025, a significant update to its print preparation software aimed at enhancing efficiency in additive manufacturing. The new software integrates fixturemate™, a design automation application by trinckle, allowing users to create production-ready fixtures without CAD tools, thus reducing design time by up to 80%. This update simplifies workflows, reduces reliance on skilled engineering labor, and consolidates multiple software licenses into a single platform. The release underscores Stratasys commitment to providing open, connected solutions for manufacturing challenges, enhancing the functionality and throughput of additive manufacturing operations.
Product Stage
Stratasys and Shin-Etsu Launch P3™ Silicone 25A for Industrial-Grade Additive Manufacturing Applications
Stratasys Ltd. has announced the commercial launch of P3™ Silicone 25A, a high-performance silicone material developed in collaboration with Shin-Etsu. This material is designed for the Stratasys Origin® DLP platform and addresses the need for genuine silicone parts in industrial 3D printing. It offers precision, durability, and repeatability, matching the performance of traditionally molded silicone. The material has passed biocompatibility and flame retardancy certification and is validated for thermal aging tests. This launch marks the beginning of a planned portfolio of silicone materials by Stratasys and Shin-Etsu, aiming to enhance additive manufacturing with true silicone performance.
Product StagePartners
Is the Options Market Predicting a Spike in Stratasys Stock?
The article discusses the recent high implied volatility in the options market for Stratasys Ltd., indicating potential significant stock movement. Stratasys is currently ranked as a Zacks Rank #3 (Hold) in the Commercial Printing industry, which is in the bottom 30% of the Zacks Industry Rank. Over the past 60 days, there has been a downward revision in earnings estimates for the current quarter, from 4 cents to 3 cents per share. This situation suggests a potential trading opportunity for options traders, who might sell premium to capture decay, hoping the stock does not move as much as expected.
Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
Stratasys Ltd., a manufacturer of 3D printers and rapid prototyping systems, is highlighted as a promising investment opportunity. The company, headquartered in Eden Prairie, MN, has shown strong performance with a Zacks Rank of #3 (Hold) and a Momentum Style Score of B. Over the past year, Stratasys has gained 36.7%, with recent stock increases of 0.3% and 9.2% over the past one-week and four-week periods, respectively. The companys earnings performance is also strong, with an average earnings surprise of 48.1% and a recent upward revision in earnings estimates. These factors make Stratasys an attractive option for momentum investors.
Stratasys Celebrates 10 Years of the Fortus 450mc 3D Printer With Launch of Factory-Floor-Ready Additive Manufacturing Solution
Stratasys Ltd. has announced the launch of the latest version of its Fortus 450mc 3D printer, celebrating the 10th anniversary of this reliable manufacturing solution. The new model builds on its proven success with upgraded features aimed at enhancing application range, productivity, connectivity, and security. Key upgrades include hardened components, an all-materials license, and a one-year license for GrabCAD Streamline Pro and GrabCAD Print Pro software. These enhancements are designed to meet the demands of industries such as aerospace and automotive, where durability and precision are critical. The announcement underscores Stratasyss commitment to innovation and maintaining its leadership in the FDM space.
Product Stage
SME, Stratasys Announce Winners of 2025 SkillsUSA Additive Manufacturing Competition
SME and Stratasys announced the winners of the 2025 SkillsUSA Additive Manufacturing Competition, held during the SkillsUSA National Leadership and Skills Conference in Atlanta. The event, which included participation from middle school, high school, and post-secondary students, aimed to educate and provide hands-on experience in additive manufacturing technologies. This years competition focused on designing and prototyping the next generation of electric vehicles using 3D printing. The event was supported by partners such as Autodesk, SolidWorks, UltiMaker, Printed Solid, and Allegheny Educational Systems. The competition is seen as a way to inspire students to pursue careers in manufacturing and to develop skills in advanced manufacturing technologies.
Stratasys’s Q1 Earnings Call: Our Top 5 Analyst Questions
Stratasys reported strong first-quarter results, surpassing analyst expectations with $136 million in revenue and an adjusted EPS of $0.04. The company attributed its performance to strong consumables demand and effective cost controls. Despite a 5.6% year-on-year revenue decline, the results were well-received due to a 1.1% beat on revenue estimates and a 20.3% beat on adjusted EBITDA. Management raised its full-year adjusted EPS guidance and maintained its revenue guidance. The company plans to focus on acquisitions for growth, aligning with its recurring revenue and manufacturing strategy. Analysts raised questions about tariffs, macroeconomic assumptions, and R&D spending, with management providing insights into their strategic focus.
3D Printing Market in the U.S. Set to Hit $11,176.6 Million by 2029: Healthcare, Aerospace & Automotive Propel 3D Printing Growth
The article discusses the growth of the US 3D printing market, which is projected to reach USD 11,176.6 million by 2029, growing at a CAGR of 14.6% from 2024 to 2029. The markets expansion is driven by increased demand for rapid prototyping, customized manufacturing, and cost-effective production across industries like aerospace, automotive, healthcare, and manufacturing. Selective Laser Sintering (SLS) technology is expected to have the highest CAGR due to its ability to produce strong, complex components. The services segment holds the largest market share, with companies outsourcing 3D printing to specialized providers to reduce costs and enhance flexibility. Key players include Stratasys, 3D Systems, and HP.
Here's Why Stratasys (SSYS) is a Strong Momentum Stock
Stratasys Ltd., a manufacturer of 3D printers and rapid prototyping systems, is experiencing positive momentum in the stock market. The company, headquartered in Eden Prairie, MN, has seen its stock rise by 1.5% over the past week and 28.8% over the past year. Stratasys holds a Zacks Rank #3 (Hold) and boasts a Momentum Style Score of B and a VGM Score of A. Analysts have revised their earnings estimates for fiscal 2025 upwards, contributing to a positive outlook for the company. Stratasys is recommended for investors due to its strong earnings fundamentals and stock performance.
3 Volatile Stocks with Questionable Fundamentals
The article discusses three volatile stocks, including Couchbase, Stratasys, and 3D Systems, advising investors to be cautious. Couchbase, a database-as-a-service platform, faces challenges as customers reconsider their commitment due to underwhelming billings growth and a competitive market requiring increased sales and marketing expenses. Stratasys, known for 3D printers, has seen a decline in revenue and earnings per share, raising concerns about its long-term growth. 3D Systems, also in the 3D printing industry, struggles with declining sales and limited cash reserves, potentially leading to unfavorable financing terms. The article suggests exploring better investment opportunities.
Customers
Stratasys Launches North American Tooling Center of Excellence with Automation Intelligence, LLC to Deliver Real-World Additive Manufacturing Value
Stratasys Ltd. has launched the North American Stratasys Tooling Center (NASTC) in collaboration with Automation Intelligence, LLC, at their Flint, Michigan site. This new center aims to serve as a catalyst for the global expansion of advanced additive tooling solutions, particularly for automotive and industrial manufacturers. The NASTC will provide hands-on access to Stratasys F3300 and F900 3D printers, enabling manufacturers to validate and scale practical applications for additive manufacturing. This initiative is expected to streamline operations, reduce costs, and enhance manufacturing flexibility, thereby demonstrating the viability of additive polymer tooling in production environments.
PartnersCustomers
SSYS Q1 Earnings Call: Revenue Beat, Raised Outlook as Cost Controls and Consumables Offset Headwinds
Stratasys, a 3D printing company, exceeded market expectations in Q1 CY2025 despite a 5.6% year-on-year revenue decline to $136 million. The company reported a non-GAAP profit of $0.04 per share, surpassing analyst estimates. Management raised full-year profit guidance, driven by cost management, increased consumables sales, and a $120 million investment from Fortissimo Capital. New product launches, such as the Neo800 Plus printer, and advanced materials have broadened Stratasys market reach. The company is focusing on organic growth and strategic acquisitions, while monitoring macroeconomic factors like tariffs. The investment will support inorganic growth opportunities, and the company is leveraging its strong balance sheet to pursue growth.
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3 Cash-Producing Stocks Skating on Thin Ice
The article discusses three companies, including Peloton, Reynolds, and Stratasys, highlighting their financial challenges and potential underperformance. Peloton, a fitness technology company, faces sluggish trends in its connected fitness subscribers and a forecasted revenue decline of 4.1% for the upcoming year. Poor expense management has led to operating margin losses, contributing to a negative outlook. Reynolds, known for its household products, is experiencing shrinking unit sales and a projected sales decline of 1.4%, indicating a tough demand environment. Stratasys, a 3D printing company, has seen postponed purchases and a revenue decline, raising doubts about its long-term viability. The article suggests caution when considering these companies for investment.
Customers
Stratasys (SSYS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
Stratasys (SSYS) has experienced a downtrend recently, with its stock losing 7.8% over the past two weeks. However, a hammer chart pattern formed in the last trading session suggests a potential trend reversal. This pattern indicates that the bears may have lost control, and the bulls are gaining strength, which could lead to a price increase. Additionally, Wall Street analysts have shown rising optimism about Stratasys future earnings, with a 47.5% increase in the consensus EPS estimate for the current year over the last 30 days. This positive trend in earnings estimates is a bullish indicator, suggesting potential price appreciation in the near term.
What Makes Stratasys (SSYS) a Strong Momentum Stock: Buy Now?
The article discusses the momentum investing strategy and highlights Stratasys (SSYS) as a promising stock in this context. Stratasys, a 3D printer manufacturer, holds a Momentum Style Score of A and a Zacks Rank of #2 (Buy), indicating strong potential for outperforming the market. The companys stock has shown positive short-term and long-term price performance, with a 0.1% increase over the past week and a 7.26% rise over the past quarter. Compared to the S&P 500, Stratasys has outperformed with a 17.65% increase over the last year. The article suggests that Stratasys is a strong candidate for momentum investors.
3 of Wall Street’s Favorite Stocks Walking a Fine Line
The article discusses the challenges faced by three companies: Teladoc Health, Winnebago, and Stratasys. Teladoc Health, a telemedicine platform, is experiencing muted revenue growth and a decline in average revenue per user, leading to a projected sales drop. Winnebago, a manufacturer of recreational vehicles, is facing postponed customer purchases and declining revenues, with eroding returns on capital. Stratasys, a 3D printing company, is struggling with declining sales and earnings per share, raising concerns about its long-term growth. The article suggests that Wall Street may be overlooking risks associated with these companies, despite their attractive price targets.
Customers
1 High-Flying Stock with Exciting Potential and 2 to Think Twice About
The article discusses the performance and valuation of three companies: National Vision, Stratasys, and Wingstop. National Vision, operating under multiple brands, faces challenges such as store closures and poor expense management, leading to a growth-negative outlook. Stratasys, a 3D printing company, has seen a decline in revenue and earnings per share, raising concerns about its long-term growth potential. Wingstop, a fast-food chain, shows strong same-store sales growth and excellent operating margins, making it a favorable investment. The article highlights the importance of evaluating stock quality and potential risks in investment decisions.
CustomersProduct Stage
Top 3D Printing Stocks to Add to Your Portfolio for Impressive Returns
The article discusses the transformative impact of 3D Printing technology on various industries, highlighting its advantages over traditional manufacturing methods. Companies like Xometry, Proto Labs, and Stratasys are leading players in this space. 3D Printing offers benefits such as cost reduction, customization, precision, and sustainability, making it increasingly popular for rapid prototyping and on-demand production. The technology is particularly impactful in sectors like healthcare, aerospace, automotive, and consumer goods, enabling the creation of complex shapes and products. The global 3D Printing market is projected to grow significantly, with the healthcare sector alone expected to reach $8.71 billion by 2034.
Stratasys (SSYS) Upgraded to Buy: Here's What You Should Know
Stratasys has recently been upgraded to a Zacks Rank #2 (Buy), indicating a positive outlook for the company due to an upward trend in earnings estimates. This upgrade reflects an improvement in the companys earnings potential, which is a significant factor influencing stock prices. The Zacks rating system, which is based on earnings estimate revisions, suggests that Stratasyss stock could see upward movement as institutional investors adjust their valuation models. The upgrade is expected to generate buying pressure and increase the stock price, highlighting the importance of tracking earnings estimate revisions for investment decisions.
Are Industrial Products Stocks Lagging ABB (ABBNY) This Year?
The article discusses the performance of ABB, a company in the Industrial Products sector, highlighting its strong year-to-date performance compared to its peers. ABB is currently outperforming the sector with a 6.1% return, while the sector has lost an average of 3.7%. The company holds a Zacks Rank of #2 (Buy), indicating a positive earnings outlook. The Zacks Consensus Estimate for ABBs full-year earnings has increased by 2.6% over the past 90 days, reflecting stronger analyst sentiment. The article also mentions Stratasys, another company in the sector, which has shown a 16.1% return and a significant increase in its EPS estimate.
Why Stratasys (SSYS) is a Top Momentum Stock for the Long-Term
Stratasys Ltd., headquartered in Eden Prairie, MN, is a manufacturer of rapid prototyping and 3D printing systems for various industries. The company has shown positive stock performance, with a 1.5% increase over the past week and a 23% increase over the past four weeks. Stratasys holds a Zacks Rank #3 (Hold) and has a Momentum Style Score of B. The companys earnings performance is strong, with an average earnings surprise of 48.1%. One analyst revised their earnings estimate higher for fiscal 2025, and the Zacks Consensus Estimate increased to $0.31 per share. This positive momentum suggests that Stratasys is a promising addition to investment portfolios.
3 Overrated Stocks Walking a Fine Line
The article discusses the recent stock performance of three companies: Dennys, Oxford Industries, and Stratasys. Despite recent gains, the article suggests caution for investors considering these stocks due to various challenges. Dennys faces issues with same-store sales and increased capital intensity, while Oxford Industries struggles with declining sales and poor returns on capital. Stratasys is experiencing end-market challenges and a history of cash burn. The article implies that these companies may not be long-term winners despite their recent stock price increases.
Customers
1 Unprofitable Stock to Research Further and 2 to Question
The article discusses the challenges faced by unprofitable companies, highlighting Stratasys, Applied Digital, and SmartRent. Stratasys, known for its 3D printers, has struggled with declining sales and earnings per share, raising concerns about its long-term growth prospects. Applied Digital, transitioning from cryptocurrency mining to AI infrastructure, faces skepticism due to its negative earnings and cash burn. SmartRent, however, shows promise with strong customer commitments and impressive earnings growth. The article emphasizes the importance of evaluating these companies financial health and market strategies before considering them for investment.
Public Trading
3D Systems (DDD) Reports Earnings Tomorrow: What To Expect
3D Systems is set to report its earnings, with expectations of a revenue decline of 4.5% year over year to $98.31 million, an improvement from the previous years 15.1% decrease. The company missed analysts revenue expectations last quarter, reporting $111 million, down 3.3% year on year. Analysts have generally maintained their estimates, suggesting stability heading into earnings. Despite the negative outlook, 3D Systems stock has risen 16.3% over the past month, with positive sentiment in the industrial machinery segment. The average analyst price target is $3.75, compared to the current share price of $2.36.
Stratasys Ltd (SSYS) Q1 2025 Earnings Call Highlights: Navigating Revenue Declines with ...
Stratasys Ltd reported a decline in consolidated revenue to $136 million, down from $144.1 million in Q1 2024, but demonstrated resilience with a 7% sequential growth in consumables. The company closed a $120 million strategic investment from Fortissimo Capital, boosting its cash reserves to $270 million with no debt. Stratasys launched the Neo 800+ 3D printer and new materials, showcasing its commitment to innovation. The company achieved significant operating expense savings, resulting in a non-GAAP operating income of $3 million compared to a loss in the previous year. The full-year 2025 revenue outlook is projected between $570 million to $585 million, with improved GAAP net loss and increased non-GAAP net income guidance.
InvestmentProduct Stage
Q1 2025 Stratasys Ltd Earnings Call
The article discusses the Q1 2025 earnings call for Stratasys Ltd, featuring key executives such as CEO Dr. Yoav Zeif and CFO Eitan Zamir. The call includes a presentation of the companys financial results and future expectations, with a focus on revenue, gross margin, and operating expenses. The discussion contains forward-looking statements, highlighting potential risks and uncertainties that could impact actual results. The company provides both GAAP and non-GAAP financial measures, with reconciliations available in the presentation and press release. The call emphasizes the importance of evaluating performance using both sets of metrics.
Stratasys Releases First Quarter 2025 Financial Results
Stratasys Ltd., a leader in polymer 3D printing solutions, reported its financial results for Q1 2025. The company achieved a GAAP net loss of $13.1 million but a non-GAAP net income of $2.9 million, indicating profitability on an adjusted basis. Revenue was $136.0 million, slightly down from the previous year. The company strengthened its financial position with a $120 million investment from Fortissimo Capital, enhancing its ability to invest in growth. Stratasys is focusing on expanding its technology, materials, and software portfolio to drive profitability and cash flow. The company is well-positioned for future growth, supported by its streamlined operations and recurring revenue streams.
Investment
Stratasys’s (NASDAQ:SSYS) Q1: Beats On Revenue, Stock Soars
Stratasys, a 3D printing company, reported better-than-expected revenue for Q1 CY2025, with sales reaching $136 million, slightly above analyst estimates. Despite this, sales declined by 5.6% year-on-year. The company maintained its full-year revenue guidance at $577.5 million and raised its full-year adjusted EPS guidance to $0.33. Stratasys also reported a positive adjusted EBITDA of $8.17 million, surpassing expectations. However, the companys operating margin remains negative at -9.1%, though it has improved from the previous year. CEO Dr. Yoav Zeif highlighted the companys strategic efforts to streamline operations and improve profitability. Despite these efforts, Stratasys has faced challenges in maintaining consistent demand over the past five years, with a 1.7% annual sales decline.
Stratasys (SSYS) Tops Q1 Earnings and Revenue Estimates
Stratasys reported quarterly earnings of $0.04 per share, surpassing the Zacks Consensus Estimate of $0.03 per share, marking a 33.33% earnings surprise. This compares to a loss of $0.02 per share a year ago. The company also posted revenues of $136.05 million, exceeding the consensus estimate by 0.84%. Over the last four quarters, Stratasys has surpassed consensus EPS estimates three times. The companys shares have risen by about 9.3% since the start of the year, outperforming the S&P 500s decline of -4.3%. The future stock performance will largely depend on managements commentary and earnings outlook. Currently, Stratasys holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Stratasys: Q1 Earnings Snapshot
Stratasys Ltd., a company based in Minnetonka, Minnesota, reported a loss of $13.1 million in its first quarter. This translates to a loss of 18 cents per share, although adjusted earnings were 4 cents per share. The companys revenue for the period was $136 million. Despite the loss, Stratasys anticipates full-year earnings to be between 30 cents and 37 cents per share. The article was generated by Automated Insights using data from Zacks Investment Research.
Why Stratasys (SSYS) Stock Is Up Today
Stratasys, a 3D printing company, saw its shares rise by 14.1% after reporting strong first-quarter 2025 results that exceeded analysts EPS and EBITDA estimates. Despite a 6% year-over-year decline in revenue to $136 million due to softness in hardware and services, recurring consumables revenue increased by 7% sequentially, indicating improved system utilization among existing customers. The companys shares closed at $11.12, up 14.3% from the previous close. Stratasys has experienced significant stock volatility, with a notable 21.3% increase six months ago following impressive third-quarter 2024 results. The company expects a slight sequential improvement in hardware sales, particularly in the dental and government sectors. Stratasys is up 24.1% since the beginning of the year but remains 16% below its 52-week high.
Stratasys (SSYS) Reports Earnings Tomorrow: What To Expect
Stratasys, a 3D printing company, is set to report its earnings, with analysts expecting a 6.5% year-on-year revenue decline to $134.6 million. This follows a previous quarter where the company beat revenue expectations by 1% but saw a 3.8% year-on-year decline. Despite the mixed results, there is positive sentiment in the industrial machinery segment, with Stratasyss stock up 9.1% over the past month. Analysts have maintained their estimates, suggesting stability ahead of earnings. The article also mentions a broader trend of enterprise software stocks leveraging generative AI capabilities, hinting at potential future growth areas.
MRC Global (MRC) Tops Q1 Earnings and Revenue Estimates
MRC Global reported quarterly earnings of $0.14 per share, surpassing the Zacks Consensus Estimate of $0.08 per share, marking a 75% earnings surprise. Despite this, the companys shares have declined by about 5.3% since the start of the year, underperforming the S&P 500s decline of -3.9%. The companys revenue for the quarter was $712 million, slightly exceeding estimates. However, the earnings outlook remains unfavorable, with a Zacks Rank of #5 (Strong Sell), suggesting expected underperformance in the near future. The current consensus EPS estimate for the next quarter is $0.24 on $782.4 million in revenues.
Do Options Traders Know Something About Stratasys Stock We Don't?
The article discusses the recent high implied volatility in the options market for Stratasys Ltd., indicating potential significant stock movement. Stratasys, currently holding a Zacks Rank #3 (Hold) in the Commercial Printing industry, has seen a downward revision in earnings estimates for the current quarter. This volatility suggests a developing trade opportunity, as options traders might sell premium to capture decay. The article also highlights Zacks Investment Researchs strategies for trading and offers a free stock analysis report for Stratasys.
3 Industrials Stocks Skating on Thin Ice
The article discusses the challenges faced by industrial companies due to volatile macroeconomic factors, leading to a decline in demand and market performance. It highlights three companies: Masco, Stratasys, and Douglas Dynamics, which are expected to underperform. Masco, with a market cap of $12.72 billion, has not shown organic revenue growth in the past two years and may need to rely on acquisitions for expansion. Its earnings per share have declined despite revenue growth, indicating waning returns on capital. Stratasys and Douglas Dynamics also face similar challenges with declining sales and profitability.
1 Cash-Heavy Stock for Long-Term Investors and 2 to Think Twice About
The article discusses the financial positions and growth prospects of three companies: FormFactor, Stratasys, and Integral Ad Science. FormFactor, a semiconductor test and measurement technology provider, has a net cash position of $338.3 million but faces sluggish demand and shrinking free cash flow margins. Stratasys, a 3D printing company, has seen declining sales and earnings, raising concerns about its long-term growth sustainability. Integral Ad Science, a digital advertising verification company, stands out with a strong product-market fit, healthy operating margins, and robust free cash flow, positioning it well for reinvestment and capital returns.
Customers
Stratasys Conference Call to Discuss First Quarter 2025 Financial Results
Stratasys Ltd., a leader in additive manufacturing, announced it will release its financial results for the first quarter of 2025 on May 8, 2025. The company will hold a conference call to discuss these results, which will be available via live webcast. Stratasys is known for its innovative 3D printing solutions across various industries, including aerospace, automotive, consumer products, and healthcare. The company emphasizes its role in transforming product design and enhancing manufacturing and supply chains. Stratasys also highlights its commitment to using social media and public disclosures to share important information with investors.
How Should You Play Stratasys Stock After $120M Fortissimo Deal?
Stratasys Ltd., a leader in polymer 3D printing solutions, has secured a $120 million strategic investment from Fortissimo Capital, enhancing its financial position amidst industry challenges. The investment, finalized on April 10, 2025, grants Fortissimo a 14% stake in Stratasys through the purchase of newly issued shares. Yuval Cohen from Fortissimo joins the board, replacing Dr. Yoav Zeif. The partnership signifies confidence in Stratasys strategy despite a challenging macroeconomic environment. Stratasys reported a decline in 2024 revenues but improved profitability metrics. The company anticipates revenues of $570-$585 million for 2025, with improved operating and free cash flow.
InvestmentManagement ChangesPartners
Stratasys Closes $120 Million Strategic Investment by Fortissimo Capital
Stratasys Ltd., a leader in polymer 3D printing solutions, announced a $120 million strategic investment from Fortissimo Capital, an Israeli private equity fund. Fortissimo acquired approximately 14% of Stratasys’ issued and outstanding ordinary shares, increasing its stake to 15.5%. Yuval Cohen, Founding and Managing Partner of Fortissimo, has been appointed to the Stratasys Board of Directors, replacing Dr. Yoav Zeif. This investment aims to bolster Stratasys balance sheet and position the company for future growth. The strategic move highlights Stratasys leadership in the 3D printing industry and its potential for growth.
InvestmentManagement Changes
1 Small-Cap Stock with Impressive Fundamentals and 2 to Keep Off Your Radar
The article discusses three small-cap stocks, highlighting QuinStreet as a promising investment due to its impressive fundamentals. QuinStreet, founded in 1999, operates digital performance marketplaces and has shown significant revenue and earnings growth over the past two years. The company has achieved an annual revenue growth of 27.1% and is projected to grow by 21% in the next 12 months, indicating increased market share. In contrast, REV Group and Stratasys face challenges, with flat sales and declining performance, respectively. The article suggests that QuinStreets strong financial performance makes it a potential long-term winner in the small-cap market.
Stratasys Partners with trinckle 3D in Exclusive Software Agreement to Automate Fixture Design
Stratasys Ltd. has announced a partnership with German-based software company trinckle 3D GmbH to integrate trinckles fixturemate software into Stratasys GrabCAD Print Pro software. This integration aims to simplify the design of custom 3D-printed fixtures, eliminating the need for specialized CAD skills and reducing design time to minutes. The partnership is expected to expand the reach of GrabCAD Print Pro, addressing the growing demand for fixture and tooling applications across various industries. The integration will enhance manufacturing efficiency by automating fixture design, reducing material costs, and accelerating production workflows.
Partners
Why Is Stratasys (SSYS) Down 3.1% Since Last Earnings Report?
The article discusses the recent performance of Stratasys (SSYS) following its latest earnings report. Over the past month, the companys shares have declined by about 3.1%, although they have outperformed the S&P 500. The consensus estimate for the companys earnings has shifted downward by 100%, indicating a negative trend. Stratasys has a strong Growth Score of A and a momentum score of A, but it received a D on the value side, placing it in the bottom 40% for this investment strategy. Overall, the stock has a VGM Score of B, and it holds a Zacks Rank #3 (Hold), suggesting an expected in-line return in the coming months.
Stratasys to Showcase its Leading Additive Manufacturing Ecosystem and Unveil New Solutions at RAPID + TCT 2025
Stratasys Ltd. announced its participation in the RAPID + TCT 2025 event, where it will showcase its latest advancements in additive manufacturing and 3D printing technologies. The company plans to unveil new solutions and materials, including the Neo800+ stereolithography printer and PolyJet ToughONE material, aimed at enhancing production-grade performance and efficiency. Stratasys will also highlight its role in developing the luxury EV, CALLUM SKYE, using its technologies. The event will feature live demonstrations and discussions on how additive manufacturing can transform manufacturing operations, reduce costs, and improve supply chain stability. Stratasys is expanding its capabilities with new products and materials for high-demand applications in aerospace, electronics, and healthcare.
Product StageCustomers
Stratasys Expands PolyJet into Functional Prototyping and Selected End-use Parts for a Variety of Applications with the Introduction of PolyJet ToughONE™
Stratasys Ltd. has launched a new advanced material, PolyJet ToughONE™ White, designed for functional prototyping and end-use parts. This material enhances the PolyJet printing platform by offering durability without sacrificing visual accuracy, allowing engineers to create prototypes and end-use parts efficiently. The material is suitable for various applications, including consumer electronics, automotive, and industrial sectors. It features enhanced impact resistance and flexibility, making it ideal for producing manufacturing aids, jigs, fixtures, and more. The launch is expected to streamline workflows and boost manufacturing efficiency, positioning Stratasys as a leader in 3D printing solutions.
Product Stage
Stratasys Expands Stereolithography Product Line - Unveils Neo®800+ High-Speed Large-Format Printer
Stratasys Ltd. has announced the launch of its new Neo800+ stereolithography 3D printer, which will be showcased at the RAPID + TCT conference in Detroit. The Neo800+ offers up to 50% faster throughput and is designed for high-value applications such as wind tunnel testing and tooling. It features ScanControl+ technology, enhancing printing speeds and precision, and supports high-energy materials for superior surface quality. The printer is optimized for ScanControl+ Ready Materials from Somos, including the new Somos WaterShed XC+, which delivers optically clear parts with a smooth finish. The Neo800+ aims to meet the demands of industries like automotive and aerospace, providing high-speed production and flawless part quality.
Product StageCustomers
3 Reasons SSYS is Risky and 1 Stock to Buy Instead
The article discusses the current state of Stratasys, a company known for its 3D printers and related services. Despite a recent 25% increase in stock price, the article advises caution in investing in Stratasys due to its declining revenue and earnings per share (EPS) over the past five years. The companys free cash flow has also been negative, indicating financial strain. The article suggests that while Stratasys has seen recent market success, its long-term financial performance is concerning, and investors might be better off considering other industrial stocks with more stable growth prospects.
Stratasys Partners With Top Aerospace Giants for 3D Printing Materials
Stratasys Ltd. has announced a collaboration with major aerospace and defense companies, including Boeing, Blue Origin, Northrop Grumman, and others, to develop newly qualified materials for mission-critical 3D printing applications. The company has launched AIS Antero 800NA and AIS Antero 840CN03 as validated materials for its Stratasys F900 platform, marking a significant advancement in qualified additive manufacturing for highly regulated industries. This partnership aims to meet stringent requirements for high-temperature, chemical-resistant parts. Stratasys faces competition from 3D Systems and Desktop Metal, with the latter recently acquired by Nano Dimension. Materialise presents both competitive and partnership opportunities for Stratasys in specialized markets.
Partners
Stratasys Partners with Top Aerospace and Defense Companies in Development of Newly Qualified Materials for 3D Printing of Mission-Critical Applications
Stratasys has launched AIS™ Antero® 800NA and AIS™ Antero 840CN03 materials for its F900® 3D printer, marking a significant advancement in additive manufacturing for aerospace, defense, and other regulated industries. Developed in collaboration with major partners like Boeing, Blue Origin, and Northrop Grumman, these materials meet stringent industry standards, offering reliability and cost efficiency. The launch represents a milestone in scaling additive manufacturing for high-performance applications, providing manufacturers with validated solutions for mission-critical parts. This development is expected to accelerate the adoption of 3D printing in highly regulated markets by reducing time and costs associated with material qualification.
Product StagePartners
3D Systems (DDD) Reports Q4: Everything You Need To Know Ahead Of Earnings
3D Systems, a 3D printing company, is set to announce its earnings results. The company previously missed analysts revenue expectations by 1.7% and reported a revenue decline of 8.8% year-on-year. Analysts expect the upcoming revenue to be flat year-on-year at $114.8 million, an improvement from the previous years 13.5% decrease. The adjusted loss is anticipated to be -$0.11 per share. Over the last two years, 3D Systems has missed Wall Streets revenue estimates six times. In comparison, peers like Stratasys and Hyster-Yale Materials Handling have shown mixed results. The article also highlights the growing impact of generative AI on business operations.
Stratasys Rapidly Expanding European Dental Presence with New Partners Galimplant, Gold Quadrat and Metaux Precieux
Stratasys Ltd. has announced new strategic partnerships with European companies Nueva Galimplant, Gold Quadrat, and Metaux Precieux to expand its distribution network for dental 3D printing solutions in Europe. This move is aimed at meeting the growing demand for digital dental solutions, as the European market for dentures is expected to grow significantly. The partnerships will enhance the availability of Stratasys advanced 3D printing technology, including TrueDent™ digital dentures, across Europe. The collaboration is expected to improve production capabilities for dental manufacturers while reducing labor costs. The announcement coincides with Stratasys preparations for the IDS 2025 conference, where it will showcase its multi-material 3D printing solutions.
Partners
Is Stratasys Ltd. (NASDAQ:SSYS) the Best 3D Printing and Additive Manufacturing Stock to Buy?
The article discusses the position of Stratasys Ltd. in the 3D printing and additive manufacturing industry, highlighting the markets projected growth from $19.33 billion in 2024 to $101.4 billion by 2032. The industry is driven by digitization and advanced technologies, with AI and automation expected to revolutionize workflows and design processes. The article also notes challenges such as rising interest rates and economic difficulties in Europe, particularly in Germany, which could hinder adoption. Despite these challenges, the outlook for 2025 is cautiously optimistic, with the industry expected to move beyond prototyping to mass production, achieving cost-competitive manufacturing for high-performance applications.
Fast Company Names Stratasys as One of the World’s Most Innovative Companies
Stratasys Ltd. has been recognized as one of the Worlds Most Innovative Companies for 2025 by Fast Company. This accolade underscores Stratasys leadership in advancing additive manufacturing (AM) technologies, which provide manufacturers with enhanced flexibility, efficiency, and cost savings. Stratasys offers a comprehensive range of solutions, including the F3300 industrial 3D printer and the Origin Two printer, which cater to the evolving needs of modern manufacturing. The companys commitment to innovation is reflected in its ability to integrate advanced hardware, materials, software, and a robust partner network, enabling manufacturers to optimize production processes and achieve greater efficiency and sustainability.
The most innovative companies in manufacturing for 2025
Stratasys Files Annual Report on Form 20-F for the Year Ended December 31, 2024
Stratasys Ltd., a leader in additive manufacturing and 3D printing solutions, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the U.S. Securities and Exchange Commission. The report, which includes audited financial statements, is available on the SECs website and Stratasys investor relations website. Stratasys is known for its innovative 3D printing solutions across various industries, including aerospace, automotive, and healthcare. The company emphasizes its commitment to transforming product design and enhancing manufacturing and supply chains. The filing of the annual report is a routine disclosure, indicating transparency and compliance with regulatory requirements.
Q4 2024 Stratasys Ltd Earnings Call
Stratasys Ltd held its Q4 2024 earnings conference call, where key executives, including CEO Dr. Yoav Zeif and CFO Eitan Zamir, discussed the companys financial results for the fourth quarter and full year of 2024. The call included forward-looking statements regarding future revenue, gross margin, operating expenses, and other financial performance metrics. The company emphasized the importance of both GAAP and non-GAAP financial measures in evaluating its performance. The call was recorded and is available online, along with a slide presentation. Stratasys plans to file its annual reports for 2023 and 2024 with the SEC soon.
Stratasys' Q4 Earnings Surpass Estimates, Revenues Fall Y/Y
Stratasys reported fourth-quarter 2024 non-GAAP earnings of 12 cents per share, surpassing the Zacks Consensus Estimate by 9.09%. Despite this earnings beat, quarterly revenues fell 3.8% year over year to $150.4 million, although they exceeded the consensus mark by 0.70%. Product revenues declined 4.8%, with System revenues down 1.5% due to constrained capital budgets affecting customer buying behaviors. The company implemented cost-saving initiatives, reducing non-GAAP operating expenses by 12.2% year over year. Stratasys reported a non-GAAP operating profit of $9.4 million, up from $2 million in the previous year, and adjusted EBITDA increased by 88.3% to $14.5 million. The company ended the quarter with $150.7 million in cash and short-term deposits, with a positive free cash flow due to improved working capital.
Stratasys Ltd (SSYS) Q4 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...
Stratasys Ltd reported a decline in revenue for Q4 2024, with a year-over-year decrease of 3.8%. Despite this, the company improved its adjusted gross margin and non-GAAP operating income, indicating enhanced profitability. Stratasys maintained a strong balance sheet with $150.7 million in cash and no debt. The company launched new products, including the Fortus FDC filament dryer and polycarbonate ESD material, and formed partnerships with major companies like ArcelorMittal and NASCAR. However, the overall revenue decline reflects ongoing market challenges, with systems revenue impacted by constrained capital budgets. The company also reported a GAAP net loss of $120.3 million due to a non-cash impairment charge related to its investment in Ultimaker.
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Stratasys: Q4 Earnings Snapshot
Stratasys Ltd., a 3D printer manufacturer based in Eden Prairie, Minnesota, reported a significant financial loss for the fourth quarter, amounting to $41.9 million, or 59 cents per share. Adjusted earnings were 12 cents per share. The company generated $150.4 million in revenue during this period. For the entire year, Stratasys experienced a loss of $120.3 million, or $1.70 per share, with total revenue reaching $572.5 million. Looking ahead, Stratasys anticipates full-year earnings to be between 28 cents and 35 cents per share, with projected revenue ranging from $570 million to $585 million.
Stratasys Releases Fourth Quarter and Full Year 2024 Financial Results
Stratasys Ltd., a leader in polymer 3D printing solutions, reported its financial results for Q4 and the full year 2024. The company experienced a slight decline in revenue compared to the previous year but achieved positive operating cash flow and expanded its adjusted gross margin. Stratasys secured a $120 million investment from Fortissimo Capital, which is expected to bolster its financial position and support future growth. The company maintains a healthy balance sheet with $150.7 million in cash and no debt. CEO Dr. Yoav Zeif emphasized the companys resilience and readiness to scale as market conditions improve, with expectations of accelerated adoption rates and increased profitability.
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Stratasys (NASDAQ:SSYS) Exceeds Q4 Expectations But Stock Drops
Stratasys, a 3D printing company, reported better-than-expected Q4 revenue of $150.4 million, surpassing analyst estimates of $148.9 million, despite a 3.8% year-on-year decline. The companys non-GAAP profit per share was $0.12, aligning with expectations. However, the full-year revenue guidance for 2025 is set at $577.5 million, which is 0.9% below analyst expectations, indicating a modest growth of 0.9% compared to a decline of 8.7% in FY2024. The adjusted EPS guidance for 2025 is $0.32, missing estimates by 10.6%. Stratasyss market capitalization stands at $757.4 million. Despite some positive quarterly results, the companys long-term performance has been weak, with a 2.1% annual revenue decline over the past five years, suggesting challenges in maintaining growth.
Stratasys (SSYS) Q4 Earnings and Revenues Beat Estimates
Stratasys reported quarterly earnings of $0.12 per share, surpassing the Zacks Consensus Estimate of $0.11 per share, marking a 9.09% earnings surprise. The company, a leader in 3D printing, also reported revenues of $150.36 million, slightly above the consensus estimate. This performance reflects a positive trend, as Stratasys has exceeded earnings expectations in three of the last four quarters. Despite a slight year-over-year revenue decline, the companys stock has risen by 19.4% since the start of the year, outperforming the S&P 500. The future stock performance will depend on managements commentary and earnings outlook, with current estimates showing mixed revisions.
Stratasys (SSYS) Q4 2024 Earnings Call Transcript
Stratasys held its Q4 2024 earnings call, reporting a 6.9% revenue decline for the year but a 100 basis point increase in adjusted gross margin to 49.2%. The company announced a $120 million investment from Fortissimo Capital, expected to close in Q2 2025. Stratasys highlighted its focus on additive manufacturing, with significant customer wins, including ArcelorMittal and a partnership with NASCAR. The company launched new products and materials, enhancing its capabilities in 3D printing. Despite macroeconomic challenges, Stratasys remains optimistic about future growth, supported by a strong balance sheet and strategic investments.
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Stratasys Expands Market Opportunities for Medical Device Manufacturers to Leverage 3D Printing to Enhance Innovation and Improve Patient Outcomes
Stratasys Ltd. has announced that its Stratasys Direct manufacturing facility in Tucson, Arizona, has achieved ISO 13485 certification, a significant milestone for quality management systems in medical device manufacturing. This certification is expected to enhance the companys reputation in the medical industry by ensuring safety, precision, and reliability in its 3D-printed components. Stratasys plans to extend this certification to its other facilities in Texas and Minnesota. The certification is anticipated to remove barriers to adoption, enabling medical device manufacturers to scale production, innovate faster, and improve patient outcomes. Stratasys will showcase its capabilities at the MD&M West event in February 2025.
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Q3 Earnings Roundup: Stratasys (NASDAQ:SSYS) And The Rest Of The Custom Parts Manufacturing Segment
Stratasys, a company specializing in 3D printing and related services, reported its Q3 earnings, showing a 13.6% year-on-year decline in revenue to $140 million, which was in line with analysts expectations. Despite the revenue drop, the company exceeded analysts EPS and EBITDA estimates, marking a return to non-GAAP profitability. The companys strategic focus on cost optimization and expansion into aerospace, automotive, and healthcare industries is yielding positive results. Stratasys stock has risen by 11.6% since the earnings report, reflecting investor confidence. The company is leveraging its flagship F3300 platform to gain market traction and has raised its full-year guidance, despite the slowest revenue growth among its peers.
Stratasys Reports Strong Preliminary Q4 Numbers, Secures Major Investment From Fortissimo Capital
Stratasys, Ltd. announced strong preliminary Q4 2024 results and a significant equity investment from Fortissimo Capital. The investment amounts to $120 million, with Fortissimo acquiring 11.65 million shares at a premium price, increasing its stake to 15.5%. The transaction is expected to close in Q2 2025, pending CFIUS review. Yuval Cohen from Fortissimo will join the Stratasys Board, replacing an existing director. The company reported expected Q4 revenues slightly above consensus, with positive cash flow and adjusted net income. Stratasys aims for 8% EBITDA margins in 2025, with potential for higher margins. The official Q4 results will be released on March 5, 2025.
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Why Stratasys (SSYS) Is Rallying Today
Stratasys, a 3D-printing products maker, experienced a 15% stock jump after Fortissimo Capital increased its stake in the company to 15.5% from 1.5%, investing approximately $120 million. This investment reflects confidence in Stratasys leadership and growth potential. Additionally, Fortissimos managing partner will join Stratasys board. The company issued a positive preannouncement, expecting fourth-quarter sales slightly above analysts estimates and predicting meaningful positive cash flow by 2025. Despite recent stock gains, some investors believe AI stocks may offer higher returns. The article originally appeared on Insider Monkey.
InvestmentManagement Changes
Stratasys Announces $120 Million Equity Investment from Fortissimo Capital
Stratasys Ltd., a leader in polymer 3D printing solutions, has announced a $120 million investment from Fortissimo Capital, a private equity fund. This investment involves acquiring approximately 14% of Stratasys shares at a premium price, increasing Fortissimos total stake to 15.5%. The transaction is expected to enhance Stratasys shareholder value and support its growth strategy in the additive manufacturing industry. Yuval Cohen, Fortissimos Founding and Managing Partner, will join the Stratasys Board of Directors, bringing extensive financial and leadership experience. This partnership aims to drive long-term value and strengthen Stratasys market position.
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Stratasys Announces Unaudited Preliminary Approximate Fourth Quarter 2024 Financial Results
Stratasys Ltd., a leader in polymer 3D printing solutions, announced its unaudited preliminary financial results for the fourth quarter of 2024. The company reported revenue between $150.1 and $150.5 million, with a GAAP gross margin of 46.0% to 46.5% and a non-GAAP gross margin of 49.4% to 49.7%. Despite a GAAP operating loss, the company achieved a non-GAAP operating income and positive cash flow from operating activities. Stratasys expects to maintain an 8% EBITDA margin for the full year 2025, with potential for higher margins if revenue grows. The company will release its full financial results on March 5, 2025, during a conference call.
Private equity firm acquires 14% to raise its stake to 15.5%, with the deal valuing shares 10.6% above Nasdaq’s closing price.
Israeli private equity fund Fortissimo is investing $120 million in 3D printing company Stratasys, acquiring 11.65 million shares at $10.30 per share. This investment increases Fortissimos stake in Stratasys to 15.5%, with an option to further increase it to 24.99% or even 35% through a tender offer. Fortissimos founder, Yuval Cohen, will join Stratasyss board as a director. The investment reflects confidence in Stratasyss leadership and growth potential. Despite previous acquisition attempts by companies like Nano Dimension, Stratasyss shares have recovered significantly. However, the company plans to lay off 15% of its workforce as part of a $40 million cost-cutting plan.
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Q3 Earnings Recap: Proto Labs (NYSE:PRLB) Tops Custom Parts Manufacturing Stocks
Proto Labs, a custom parts manufacturing company, reported its Q3 earnings with revenues of $125.6 million, which exceeded analysts expectations by 3.3%. Despite a year-on-year revenue decline of 3.9%, the company achieved a solid beat of analysts’ EPS and EBITDA estimates. This performance has led to a 52.4% increase in its stock price, now trading at $41.77. The company benefits from trends like onshoring and inventory management, which have gained importance post-COVID. Proto Labs offers services like injection molding, 3D printing, and sheet metal fabrication. The overall positive market reaction suggests a growth-positive impact for the company.
Zacks Industry Outlook Logitech, Mercury Systems, Stratasys and TransAct
The Zacks Computer-Peripheral Equipment industry, which includes companies like Logitech International, is facing challenges due to weakening IT spending amid economic uncertainties. Despite these challenges, Logitech and its peers are positioned to benefit from the growing demand for professional gaming accessories and transaction-based printers. The industry is also seeing increased demand for 3D-printed health equipment, aerospace, and automotive parts. A shift in consumer preference towards professional gaming and the rise of e-sports leagues are expected to drive growth in the gaming peripherals market. The competitive nature of the industry is pushing companies to innovate and expand their product offerings.
4 Computer Peripheral Stocks to Watch Amid Industry Woes
The Zacks Computer-Peripheral Equipment industry is facing challenges due to weakening IT spending amid uncertain macroeconomic conditions, inflation, high interest rates, and geopolitical risks. However, companies like Logitech International, Mercury Systems, Stratasys, and TransAct Technologies are positioned to benefit from the growing demand for professional gaming accessories and transaction-based printers. The industry is also seeing increased government spending on modernizing radar and electronic warfare systems, as well as solid demand for 3D-printed health equipment, aerospace, and automotive parts. The shift in consumer preference towards professional gaming and the rise of e-sports are expected to drive growth in the gaming peripherals market.
Here's Why SSYS is a Must-Buy Stock Despite 35% Dip in a Year
Stratasys has experienced a 34.9% decline in share value over the past year, underperforming its sector and industry peers. Despite this, the company shows strong growth prospects due to its technological innovations and expanding product portfolio, particularly in high-growth industries such as automotive, defense, aerospace, medical devices, and dental applications. The companys F3300 industrial platform and other products like the Origin 2 printer are noted for their advanced capabilities. Stratasys has a Zacks Rank #1 (Strong Buy) and a Growth Score of B, indicating a favorable investment opportunity. The company collaborates with Materialise to enhance its product offerings.
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Stratasys Launches TrueDent in Europe, Bringing the Benefits of Monolithic Digital Dentures to Dental Labs, Dentists, and Patients
Stratasys has launched its TrueDent-D™ resin in Europe as a CE Mark Class I medical device, following its successful debut in the United States. This launch allows Stratasys to tap into the growing European market for denture solutions, projected to expand from USD 2.19 billion in 2023 to USD 2.45 billion by 2028. The TrueDent solution offers a fully digital workflow, enabling dental labs to produce customized dentures efficiently and at a lower cost. With more than 30 customers committed to onboarding in Q1 2025, Stratasys is poised to capitalize on the increasing demand for digital denture production. The products ability to produce identical dentures quickly and efficiently is expected to transform business models in the dental industry.
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All You Need to Know About Stratasys (SSYS) Rating Upgrade to Strong Buy
Stratasys has recently been upgraded to a Zacks Rank #1 (Strong Buy), indicating a positive outlook for the companys earnings. This upgrade is based on an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system, which tracks the consensus measure of EPS estimates from analysts, suggests that the companys future earnings potential is improving. This improvement is expected to lead to buying pressure and an increase in Stratasyss stock price. The influence of institutional investors, who use earnings estimates to determine the fair value of shares, also contributes to this positive outlook. Overall, the upgrade reflects an improvement in Stratasyss underlying business, which could result in higher stock prices.
Why Stratasys (SSYS) Is Among the Best 3D Printing and Additive Manufacturing Stocks to Buy?
The article discusses the position of Stratasys Ltd. in the 3D printing and additive manufacturing industry, highlighting the benefits and applications of 3D printing technology. It emphasizes the cost reduction, efficiency, and sustainability that 3D printing brings to manufacturing and construction. The industry is expected to grow significantly, with a valuation increase from $22.14 billion in 2023 to $57.1 billion by 2028. The article suggests that the adoption of 3D printing for production applications is a key growth driver, supported by advancements in automation and AI technology.
Three Reasons to Avoid SSYS and One Stock to Buy Instead
The article discusses the current state of Stratasys, a company known for its 3D printers and related services. Despite a recent stock price increase of 13.7%, Stratasys has struggled with declining sales and earnings per share (EPS) over the past five years, with sales dropping at a 2.4% annual rate and EPS declining by 15.4% annually. The companys free cash flow margin has been negative, indicating financial strain. The article suggests that Stratasys is not a high-quality investment opportunity due to these financial challenges and recommends considering other stocks, such as CrowdStrike, for better investment prospects.
4 Tech Stocks Under $10 to Add to Your Portfolio in 2025
The technology sector continued its strong performance in 2024, driven by the rapid adoption of AI and high-performance computing solutions. The Nasdaq Composite Index led the market with a 31.4% increase, highlighting the strength of tech companies. Key growth areas included AI, cloud computing, and semiconductors. The Federal Reserves interest rate cuts and stabilizing inflation further boosted investor confidence. The article highlights four tech companies—Stratasys, Phunware, Bumble, and VTEX—that are trading under $10 and have strong growth potential according to the Zacks Stock Screener. These companies are seen as solid investment opportunities due to their favorable Growth Scores and Zacks Ranks.
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Stratasys Publishes Third ESG and Sustainability Report; Advances Leadership in Sustainable Additive Manufacturing
Stratasys Ltd. has published its third ESG and Sustainability Report, highlighting its commitment to environmental, social, and governance initiatives. The report, aligned with the Global Reporting Initiative and SASB standards, emphasizes Stratasys leadership in sustainable additive manufacturing. Key achievements include significant reductions in greenhouse gas emissions and water intensity, the launch of a Certified Pre-Owned printer program, and the expansion of ISO 14001 certification. Social initiatives include an Equal Parent Policy and high employee engagement scores. These efforts underscore Stratasys dedication to ESG excellence and its role as a sustainable production solutions provider.
ArcelorMittal Maizières Research Leverages Stratasys’ Additive Manufacturing Solution to Achieve Significant Cost Savings, Design Flexibility and Production Efficiency
ArcelorMittal, a leading European steel manufacturer, has expanded its use of 3D printing technology by adopting the Stratasys F370® 3D printer at its Maizières-lès-Metz research center. This adoption has transformed the companys tooling and prototyping processes, significantly reducing lead times and enhancing design flexibility. The integration of Stratasys solutions allows ArcelorMittal to produce custom parts more efficiently and cost-effectively, with a single 3D-print validation run costing less than 200 Euros compared to nearly 2,000 Euros for traditional methods. Seido Systèmes, a key partner, has supported this expansion and will assist in integrating the Stratasys Origin DLP printer for further industrial applications.
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Stratasys (SSYS) Up 12.3% Since Last Earnings Report: Can It Continue?
Stratasys recently released its third-quarter 2024 earnings report, which showed mixed results. The company reported earnings of 1 cent per share, beating the Zacks Consensus Estimate of a loss of 2 cents per share. However, quarterly revenues fell 13.6% year over year to $140 million, missing the consensus mark by 3.08%. The decline in revenues was attributed to the challenging macroeconomic environment affecting customer capital equipment spending. Despite the revenue drop, Stratasys launched new products like Origin 2 and Stratasys Neo Build Processor, which contributed to growth in manufacturing applications. The companys offerings, such as F3300 and TrueDent, showed strong demand. Overall, while there were positive developments, the financial results indicate a growth-negative impact due to declining revenues.
3E EOS Expands Additive Manufacturing Capabilities with Stratasys Technology to Reduce Lead Times and Lower Costs
3E EOS, a leader in electro-optic systems, has significantly expanded its additive manufacturing capabilities by investing in Stratasys technology. The investment includes multiple FDM 3D printers, enhancing 3E EOSs ability to produce critical components for the aerospace, defense, and automotive sectors. This expansion reduces lead times by 30-45 days and production costs by 40 percent. The partnership with Stratasys allows 3E EOS to stay ahead of market trends, delivering innovative solutions and driving excellence. The establishment of a dedicated additive manufacturing center underscores 3E EOSs commitment to advanced technologies, streamlining production workflows and meeting customer needs efficiently.
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Q2 Earnings Roundup: Desktop Metal (NYSE:DM) And The Rest Of The Custom Parts Manufacturing Segment
Desktop Metal, a company originating from a research lab at MIT, reported disappointing Q2 earnings with revenues of $38.93 million, down 26.9% year on year, missing analysts’ expectations by 14.4%. This resulted in a significant miss of analysts’ EBITDA and EPS estimates. Despite efforts to align its cost structure with macroeconomic realities, the company delivered the weakest performance against analyst estimates and the slowest revenue growth among its peers in the custom parts manufacturing segment. Consequently, Desktop Metals stock has declined by 20.2% since the earnings report. The broader custom parts manufacturing industry also faced challenges, with revenues missing analysts’ consensus estimates by 4.1%.
Stratasys Becomes Official 3D Printing Partner of NASCAR
Stratasys has entered into an expanded long-term technical partnership with NASCAR, becoming the official and exclusive 3D printing partner. This agreement makes Stratasys the sole provider of 3D printing solutions for NASCAR, enhancing the design and production of parts and tools. A new 3D printing lab will open at NASCARs Research & Development Center in Concord, North Carolina, featuring advanced Stratasys technologies. This partnership allows NASCAR to leverage 3D printing for faster design cycles and on-demand production, keeping them at the forefront of motorsports innovation. The collaboration includes the use of FDM and SL technologies for various applications, such as aerodynamic testing and prototyping, ensuring high-performance and safety standards in NASCARs vehicles.
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Stratasys and Joe Gibbs Racing Extend 20+ Year Partnership, Ushering in New Era of Additive Manufacturing in Motorsports
Stratasys has extended its partnership with Joe Gibbs Racing (JGR) for another five years, reinforcing its position as a leader in 3D printing solutions for high-performance racing. This extension, which builds on a relationship spanning over two decades, highlights Stratasys role in providing advanced additive manufacturing technologies that enhance JGRs competitive edge in NASCAR. The collaboration allows for faster prototyping, rapid production of custom parts, and the use of advanced materials, which are critical to JGRs success. Additionally, Stratasys has recently become the Official 3D Printing Partner of NASCAR, further cementing its influence in the motorsports industry.
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5 Moonshot Bets for 2025
The article, written by Tom Yeung and shared by Eric at Smart Money, discusses investment strategies and opportunities for 2025. It highlights Nvidia Corp. as a company with significant growth potential, having doubled its stock price from $72 to $144. The piece emphasizes the importance of high-volatility bets and introduces Jonathan Rose, an options expert, who has helped investors achieve substantial profits through zero-day options trading. The article also mentions five moonshot bets for 2025, which are high-risk but potentially high-reward investments. These opportunities are ideal for investors seeking abnormal returns, despite the inherent risks involved.
iSQUARED Expands Specialized Material Offerings Validated for Stratasys 3D Printers
Stratasys, through its subsidiary iSQUARED, is expanding its materials portfolio and launching a marketplace for pre-owned 3D printers. This initiative is part of the Stratasys OpenAM approach, which aims to provide tailored materials for niche applications in industries like aerospace, automotive, and healthcare. The new materials offer customization and unique properties, enhancing the performance of Stratasys 3D printers. Additionally, the marketplace for pre-owned machines supports sustainability by promoting a circular economy. These efforts are expected to drive innovation and provide customer-specific solutions, adding significant value to Stratasys offerings.
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5 Moonshot Stocks to Buy for 2025
The article discusses the financial landscape and investment opportunities, highlighting Sabre Corp.s position in the Global Distribution System (GDS) market. Despite its high debt levels, Sabre benefits from a lack of competition, as alternative systems like the one introduced by the International Air Transport Association (IATA) have proven inefficient. This positions Sabre positively in terms of growth potential. The article also touches on Nvidias stock performance and the speculative nature of investments in Dogecoin. Additionally, it mentions Jonathan Roses success with zero-day options trading, emphasizing the potential for high returns in short time frames.
Gulf Wind Technology Leverages Stratasys 3D Printing to Accelerate Innovation in Wind Turbine Design
Stratasys Ltd. has partnered with Gulf Wind Technology to enhance wind turbine model testing using additive manufacturing. By adopting Stratasys Neo® stereolithography (SLA) technology, Gulf Wind Technology has significantly reduced the design and fabrication cycle for wind tunnel models from 30-40 days to just 3-4 days. This partnership allows Gulf Wind Technology to incorporate specialized features like pressure taps for real-time airflow data, which are challenging with traditional methods. The collaboration demonstrates the efficiency and innovation potential of 3D printing in manufacturing, enabling Gulf Wind Technology to take on more business and improve their design process.
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Baralan and Stratasys Transform Cosmetic Packaging with PolyJet 3D Printing Technology
Stratasys Ltd. has announced a collaboration with Baralan, a leading provider of primary packaging for the cosmetics industry, to enhance creative possibilities in cosmetic packaging using Stratasys’ PolyJet™ technology. This partnership allows Baralan to produce customized, fully decorated packaging for high-end cosmetic brands, supporting personalization and sustainability. The use of PolyJet technology enables intricate designs on glass and plastic containers, offering brands flexibility and cost-effective customization while minimizing waste. This collaboration aligns with Baralans sustainability goals and meets the demand for eco-friendly packaging. Stratasys technology provides high-quality, end-use packaging with faster design iterations, driving innovation in the cosmetics sector.
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Stratasys Enhances GrabCAD Print and Print Pro, Integrating Sustainability and Advanced Workflow Features Across All Core Technologies
Stratasys has announced enhancements to its GrabCAD Print and GrabCAD Print Pro software, which now includes emissions estimations to support sustainability efforts. The software is now available for the Neo stereolithography platform, allowing customers to use the same build preparation software across all Stratasys 3D printers. This expansion supports all five of Stratasys core technologies, offering an integrated software experience for streamlined workflows. The new features provide carbon dioxide equivalent emissions estimates, helping customers optimize the environmental impact of their 3D printing operations. This development aligns with the increasing demand for carbon footprint transparency and supports businesses in meeting climate action and regulatory compliance requirements.
Stratasys Boosts 2024 Outlook Amid Improved Margins
Stratasys (SSYS) has released an optimistic financial update for Q3 2024, reporting a narrowing GAAP net loss and improved gross margins despite a revenue dip to $140 million due to macroeconomic pressures. The company has resumed non-GAAP profitability and is ahead of schedule with restructuring cost savings. Stratasys is optimistic about its future financial performance, particularly in its target industries such as aerospace and healthcare, and has raised its margins and profitability outlook for 2024, aiming for increased growth in 2025.
Stratasys Ltd (SSYS) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...
Stratasys Ltd reported a decline in consolidated revenue for Q3 2024, with product and system revenues significantly down compared to the previous year. Despite this, the company returned to profitability on an adjusted basis, demonstrating effective cost management. The company launched new products, including the F3300 industrial platform and Origin 2 printer, which have generated market interest. Stratasys implemented a $50 million share repurchase plan and is ahead of schedule in its restructuring plan, targeting $40 million in annual cost savings starting in Q1 2025. However, the macroeconomic environment, including high interest rates, continues to impact customer investment in new technologies, posing challenges for the company.
Stratasys' Q3 Earnings Beat Estimates, Revenues Fall Y/Y
Stratasys reported its third-quarter 2024 earnings, achieving a profit of 1 cent per share, surpassing the Zacks Consensus Estimate of a 2-cent loss. Despite this earnings beat, the company experienced a 13.6% year-over-year decline in revenues, totaling $140 million, missing the consensus mark by 3.08%. The decline was attributed to reduced customer capital equipment spending due to macroeconomic conditions. Stratasys shares have decreased by 29.3% year-to-date, contrasting with the 30% growth in the Zacks Computer & Technology sector. Product revenues fell by 16.9%, with System revenues dropping 38.4%. However, the company saw growth in consumables and customer support revenues. Stratasys launched new products, enhancing its manufacturing applications and use cases. Despite these developments, the company faced an operating cash outflow of $4.5 million for the quarter.
Q3 2024 Stratasys Ltd Earnings Call
The article discusses the Stratasys Ltd Q3 2024 earnings conference call, where key executives, including CEO Dr. Yoav Zeif and CFO Eitan Zamir, presented the companys financial results. The call included forward-looking statements about future revenue, gross margin, operating expenses, and other financial metrics. The company emphasized that actual results could differ from forecasts due to various risk factors. The call also highlighted the use of both GAAP and non-GAAP financial measures to evaluate performance. The presentation and replay of the call are available online. No specific details about new partnerships, acquisitions, or layoffs were mentioned.
Stratasys Releases Third Quarter 2024 Financial Results
Stratasys Ltd., a leader in polymer 3D printing solutions, announced its financial results for the third quarter of 2024. The company reported a revenue of $140.0 million, down from $162.1 million in the same quarter of 2023, reflecting the impact of the current macroeconomic environment on customer capital equipment spending. Despite this, Stratasys improved its GAAP gross margin to 44.8% and returned to non-GAAP profitability with a net income of $0.4 million. The company is focusing on cost optimization and higher-growth opportunities, particularly in the Aerospace, Automotive, and Healthcare industries. CEO Dr. Yoav Zeif highlighted the companys efforts to realign its business with market realities and the traction gained by its F3300 platform.
Stratasys (NASDAQ:SSYS) Reports Q3 In Line With Expectations
Stratasys, a 3D printing company, reported its Q3 CY2024 financial results, which met Wall Streets revenue expectations but showed a 13.6% year-on-year decline in sales to $140 million. Despite this, the company exceeded analysts expectations with a non-GAAP profit of $0.01 per share, a 129% increase over estimates. Stratasys maintained its full-year revenue guidance at $575 million and raised its full-year adjusted EPS guidance to $0.05. The company is focusing on cost optimization and expanding into key industries like aerospace, automotive, and healthcare. While the company returned to non-GAAP profitability, it faces challenges from economic cycles affecting industrial production demand.
Stratasys (SSYS) Tops Q3 Earnings Estimates
Stratasys reported quarterly earnings of $0.01 per share, surpassing the Zacks Consensus Estimate of a loss of $0.02 per share, marking a 150% earnings surprise. However, the company posted revenues of $140.01 million, missing the consensus estimate by 3.08% and showing a decline from $162.13 million a year ago. Despite beating earnings expectations, Stratasys has not met revenue estimates in the last four quarters and has underperformed the market, with shares losing about 41.3% since the start of the year. The companys future stock performance will largely depend on managements commentary and earnings outlook. The current consensus EPS estimate for the next quarter is $0.10 on $145.14 million in revenues.
Stratasys (SSYS) Shares Skyrocket, What You Need To Know
Stratasys, a 3D printing company, saw its shares rise by 21.3% following the announcement of impressive third-quarter results that exceeded analysts expectations for EPS and EBITDA. Despite this, the company experienced a 13.6% year-on-year decline in sales due to reduced customer capital spending amid economic uncertainty. The company remains optimistic about a slight improvement in hardware sales, particularly in the dental and government sectors. However, Stratasys plans to restructure its operations, resulting in a 15% workforce reduction. The companys stock has been volatile, with significant movements over the past year. Stratasys is currently trading at $9.99 per share, down 29.2% since the start of the year and 32.6% below its 52-week high. The company is considering share buybacks as a strategy to utilize its excess cash.
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Stratasys: Q3 Earnings Snapshot
Stratasys Ltd., a 3D printer manufacturer based in Eden Prairie, Minnesota, reported a third-quarter loss of $26.6 million, equating to a loss of 37 cents per share. After adjustments for non-recurring and restructuring costs, the earnings were 1 cent per share. The company generated $140 million in revenue for the period. Stratasys projects its full-year earnings to be between 3 cents and 7 cents per share, with anticipated revenue ranging from $570 million to $580 million.
Stratasys (SSYS) Q3 2024 Earnings Call Transcript
Stratasys reported its Q3 2024 earnings, highlighting a return to profitability on an adjusted basis despite challenging market conditions. The company has been focusing on streamlining operations and targeting high-growth industries such as automotive, aerospace, and dental. Stratasys has launched new products like the F3300 industrial platform and the Origin 2 printer, which are gaining traction among key customers. The company also announced a 15% workforce reduction as part of its cost-saving initiatives, aiming for $40 million in annual savings. Stratasys remains optimistic about future growth, driven by its strong recurring revenue model and strategic focus on manufacturing applications.
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Stratasys (SSYS) Q3 Earnings: What To Expect
Stratasys, a 3D printing company, is set to report its earnings, with analysts expecting a 14% year-on-year revenue decline to $139.5 million. The company previously missed revenue expectations by 5.7% last quarter, reporting $138 million, a 13.6% decline from the previous year. Analysts have largely maintained their estimates, indicating a cautious outlook. Stratasys has missed Wall Streets revenue estimates twice in the past two years. Despite this, the companys stock has risen 15.9% over the past month, with an average analyst price target of $10.40, compared to the current $8.40. The industrial machinery segment has seen positive investor sentiment, with share prices up 6.3% on average. The article also mentions the impact of generative AI on large corporations.
New Stratasys FDM and P3 Platform Updates Further Boost Customer Productivity and Reduce Downtime; Products to be Showcased at Formnext
Stratasys has announced significant updates to its FDM and P3 product portfolios, which will be showcased at Formnext 2024. The updates include the Fortus FDC filament drying cabinet and new materials for the Fortus 450mc and F900 printers. These advancements aim to reduce labor hours and downtime, enhancing productivity for users in industries like aerospace, automotive, and manufacturing. Stratasys is also expanding its Origin P3 platform with over 30 new materials, including a ceramic-filled material for injection molding tooling. These developments are expected to boost the companys growth by improving product offerings and meeting the demands of high-performance applications.
New PowderEase T1 Post-Processing System Streamlines Workflows and Creates Cost and Labor Efficiencies
Stratasys Ltd. has partnered with AM Solutions, a brand of the Rösler Group, to launch the PowderEase T1, an innovative 3-in-1 post-processing solution for the Stratasys H350 SAF powder bed printer. This collaboration aims to enhance customer productivity by automating powder handling processes, reducing operational costs, and improving efficiency. The PowderEase T1 system is designed to streamline workflows by combining multiple post-processing steps into a single unit, offering significant time savings and maximizing powder utilization. This partnership marks a significant advancement in additive manufacturing, addressing the demand for efficient and cost-effective production solutions. The collaboration is expected to establish additive manufacturing as a primary production technology by delivering high-quality and consistent results.
Partners
Stratasys H350 Now Powered by New SAF ReLife Solution Capable of Repurposing Waste PA12 Powder as Sustainable Additive Manufacturing Production Parts, at Scale
Stratasys has launched SAF ReLife, a software-based solution that transforms waste PA12 powder from additive manufacturing technologies into high-quality parts. This innovation significantly reduces the carbon footprint and cost per part for manufacturers. The solution repurposes waste from powder bed fusion printers for use in the Stratasys H350 printer, enhancing material efficiency and sustainability. Wehl Green, a service bureau, beta tested the technology, reporting a 20% cost reduction and faster production times. Stratasys partnered with Fraunhofer IPA for a Life Cycle Assessment, confirming up to an 89% reduction in carbon footprint. This development positions Stratasys as a leader in sustainable additive manufacturing.
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Stratasys to Showcase its Groundbreaking GrabCAD IoT Platform at Formnext 2024, Optimizing Additive Manufacturing Productivity
Stratasys Ltd. has announced the launch of its GrabCAD IoT Platform at Formnext 2024, aimed at enhancing customer management of 3D printing operations. The platform offers real-time data collection, monitoring, and remote diagnostics to optimize operational efficiency and minimize printer downtime. It is available to Stratasys customers using GrabCAD Streamline Pro software and new PolyJet J3/J5 Series printers. The platform represents a significant step in Stratasys digital transformation, providing a unified IoT solution for all its printers. This development is expected to improve customer interactions and productivity across Stratasys ecosystem.
Customers
Stratasys Conference Call to Discuss Third Quarter 2024 Financial Results
Q1 Rundown: 3D Systems (NYSE:DDD) Vs Other Custom Parts Manufacturing Stocks
3D Systems, a company specializing in 3D printing and custom parts manufacturing, reported disappointing Q1 earnings with revenues of $102.9 million, down 15.1% year on year and missing analysts expectations by 3.5%. Despite the challenging operating environment, the companys stock has risen by 37.8% since the earnings report, currently trading at $3.22. The broader custom parts manufacturing sector also faced a softer Q1, with revenues missing analysts consensus estimates by 4.8% and next quarters revenue guidance falling short by 6.7%. Proto Labs, another company in the sector, reported revenues of $125.6 million, up 2.8% year on year, but its stock fell by 18.2% post-reporting.
Customers
Strength Seen in Stratasys (SSYS): Can Its 9.9% Jump Turn into More Strength?
Stratasys shares experienced a significant increase of 9.9%, closing at $7.70, driven by a higher-than-average trading volume. This rise is attributed to growing demand for 3D printed equipment, strategic partnerships, and expanded product offerings. Despite the positive stock movement, Stratasys is expected to report a quarterly loss of $0.02 per share, a 150% year-over-year decline, with revenues anticipated to be $144.45 million, down 10.9% from the previous year. The companys organizational restructuring and cost-minimizing strategies are seen as positive factors. The stock holds a Zacks Rank #3 (Hold), and its future performance will depend on trends in earnings estimate revisions.
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Reflecting On Custom Parts Manufacturing Stocks’ Q2 Earnings: Stratasys (NASDAQ:SSYS)
The article discusses the performance of Stratasys and its peers in the custom parts manufacturing sector following the Q2 earnings season. Stratasys, a company offering 3D printers and related services, reported a 13.6% year-on-year decline in revenue to $138 million, missing analysts expectations by 5.7%. The companys full-year revenue guidance also fell short of expectations, leading to an 8.8% drop in its stock price. Despite the disappointing quarter, Stratasys CEO, Dr. Yoav Zeif, expressed confidence in the companys ability to adapt to market conditions and maintain industry leadership. The article highlights the challenges faced by the sector, including economic cycles and consumer spending, but notes that custom parts manufacturing stocks have generally performed well, with share prices up 10.2% on average.
Is Stratasys Ltd. (SSYS) the Best 3D Printing Stock to Buy Right Now?
The article discusses the position of Stratasys Ltd. (NASDAQ:SSYS) within the 3D printing industry, highlighting its strategic partnerships and innovative technologies. Stratasys serves various industries, including aerospace, automotive, and medical, with major customers like Microsoft, NASA, and Siemens. The company is actively involved in partnerships, such as with SSTEF by Aegis Aerospace under NASA’s Tipping Point program. Stratasys recently introduced TechStyle, a new fabric alignment station, to revolutionize the fashion industry. Analysts are optimistic about the companys growth potential, with a median price target suggesting a 48% upside. Despite ranking 10th among the best 3D printing stocks, the article suggests that AI stocks may offer higher returns. The 3D printing industry is expected to grow significantly, driven by AI integration.
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15 Most Advanced Countries in 3D-Printing Technology
The article discusses the explosive growth of the global 3D printing market, projected to expand from USD 20.68 billion in 2023 to USD 117.78 billion by 2033. Key players like Nano Dimensions Ltd., Stratasys Ltd., and 3D Systems Corporation are highlighted. Nano Dimensions is acquiring Desktop Metal, expected to close in Q4 2024, with anticipated cost savings of over $30 million. The company has implemented cost-saving measures, including a 25% workforce reduction, saving $12-20 million annually. Stratasys is collaborating with Siemens Healthineers on medical imaging solutions, despite a 3.7% revenue decline in 2023. 3D Systems reported a 13.5% revenue decrease in Q4 2023 due to market softness. The article emphasizes the potential of AI stocks over 3D printing investments.
AcquisitionLayoffs
Q2 Earnings Outperformers: Desktop Metal (NYSE:DM) And The Rest Of The Custom Parts Manufacturing Stocks
Desktop Metal (NYSE:DM) reported disappointing Q2 earnings with revenues of $38.93 million, down 26.9% year-on-year, missing analysts’ expectations by 14.4%. Despite efforts to align its cost structure with macroeconomic realities, the company delivered the weakest performance against analyst estimates among its peers. The stock is down 4.5% since the earnings report. The broader custom parts manufacturing sector also faced challenges, with revenues missing analysts’ consensus estimates by 5.1%. The Federal Reserves recent rate cut by 50bps in September 2024 adds another layer of complexity to the economic landscape.
Customers
Stratasys Introduces a New Era of Precision and Efficiency in 3D Printed Fashion
Stratasys’ (SSYS) F3300: Can Innovation Drive Growth Amidst Market Challenges?
Stratasys (NASDAQ:SSYS), a leading 3D printing company, has launched the F3300 industrial 3D printer, which offers twice the speed and throughput of standard 3D printers. The company secured over 30 orders for the F3300 shortly after its launch, with notable customers including BAE, Sikorsky, the US Department of Defense, and the US Department of Energy. Additionally, Stratasys, in collaboration with Materialise, launched the Stratasys Neo Build Processor for Investment Casting, designed to accelerate the production of high-quality investment casting master patterns. Despite being listed among the 10 worst 3D printing stocks to buy, Stratasys continues to drive innovation and growth in the industry.
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Stratasys Announces 2024 Annual General Meeting of Shareholders
Q2 Earnings Recap: Proto Labs (NYSE:PRLB) Tops Custom Parts Manufacturing Stocks
Proto Labs (NYSE:PRLB) reported Q2 earnings with revenues of $125.6 million, up 2.8% year on year, which met analysts expectations. Despite a strong earnings guidance for the next quarter, the companys stock has dropped 27.8% since the earnings report. The broader custom parts manufacturing sector also faced challenges, with an average share price decline of 11.3% among tracked stocks. The article discusses the impact of economic factors like inflation and interest rates on the sector. Other companies in the sector, such as Markforged, Desktop Metal, and Stratasys, also reported weaker-than-expected results.
Customers
Stratasys Down 48% YTD: Right Time for Investors to Exit the Stock?
Stratasys (SSYS) shares have dropped 47.7% year-to-date, underperforming its sector and industry peers. The company has faced high interest rates, macroeconomic uncertainties, and reduced capital equipment spending, leading to an 8.8% decline in total revenues for the first half of 2024. Stratasys expects these issues to continue affecting its second-half results. Despite a steady demand for consumables and potential growth in hardware sales, the company has implemented restructuring strategies, including a 15% workforce reduction, to improve shareholder value. Stratasys has also partnered with AM Craft to enhance its 3D printing technology. However, the companys stock remains unattractive with a Zacks Rank #4 (Sell).
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Why Stratasys (SSYS) Stock Is Trading Up Today
Stratasys (NASDAQ:SSYS) announced a $50 million share repurchase program, leading to an 8.2% increase in its stock price. CEO Yoav Zeif emphasized the companys commitment to maximizing shareholder value and generating more cash following recent cost optimization efforts. The restructuring initiative aims to save approximately $40 million annually starting from Q1 2025 and includes a 15% workforce reduction by the end of the year. Despite recent volatility and a significant drop in stock price over the past year, the market reacted positively to the repurchase news, indicating approval of the companys strategic moves.
LayoffsInvestment
Stratasys Announces Board Authorization of $50 Million Share Repurchase Program
Momentum of Stratasys’ F3300 Printer Indicates Global Manufacturers Are Turning to AM to Solve Their Toughest Production Challenges
Manufacturers Can Now Quickly Produce High-Quality Master Patterns for Investment Casting Production with New 3D Printing Build Processor from Stratasys and Materialise
Stratasys Demonstrating at IMTS How Today’s Manufacturers use Additive Manufacturing Across the Production Cycle, Improving Both Business and Part Performance
Stratasys Unveils Game-changing Printing Solution with High Precision for Manufacturers Seeking Short Production Runs
Why 3D Systems Stock Just Dropped 10%
3D Systems reported disappointing Q2 2024 earnings, missing Wall Street targets for both sales and earnings. The company reported $102.9 million in sales, below the expected $116.5 million, and a non-GAAP loss of $0.14 per share, worse than the forecasted $0.04 loss. GAAP losses were even higher at $0.21 per share. Despite sequential sales growth, the company is facing its fourth consecutive year of declining sales and is not expected to return to profitability in 2024. In response to weak sales, 3D Systems is restructuring its business and laying off workers. Management has raised its sales guidance for 2024 to a range of $450 million to $460 million.
Layoffs
SSYS Q2 Revenues Miss: Will FY24 Outlook Drag Shares Down?
Stratasys reported a loss of 4 cents per share for Q2 2024, matching the Zacks Consensus Estimate but showing a decline from the previous years non-GAAP earnings of 4 cents per share. Quarterly revenues fell 13.6% year over year to $138 million, missing the consensus mark by 6.78%. The company solidified a partnership with AM Craft for additive manufacturing in the aviation sector and launched new products, including SAF High-Def printing capabilities. Despite these developments, Stratasys lowered its 2024 outlook, projecting revenues between $570 million and $580 million, down from the previous forecast of $630 million to $645 million. Shares have plunged 51.5% year to date.
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Q2 2024 Stratasys Ltd Earnings Call
Stratasys Ltd held its Q2 2024 earnings call, revealing a 13.6% year-over-year decline in revenue to $138 million, largely due to reduced hardware sales. Despite this, the company reported improved gross margins and strong consumable sales, indicating robust system utilization. Stratasys announced a strategic restructuring plan to save approximately $40 million annually, including a 15% headcount reduction by year-end. The company highlighted new product launches and partnerships, such as with AM Craft for aviation manufacturing. Stratasys remains optimistic about future growth, focusing on innovation and market penetration despite current macroeconomic challenges.
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Around 220 employees are set to leave the Israeli 3D printer manufacturer.
Stratasys, an Israeli 3D printer manufacturer, announced plans to reduce its workforce by 15%, affecting around 300 employees, including 80 in Israel. This move is part of a broader business reorganization aimed at achieving $40 million in annual savings and improving EBITDA margins to 8% by the first quarter of 2025. The company reported a decline in quarterly revenues to $138 million from $159.8 million the previous year and revised its full-year revenue forecast to $570-580 million, approximately $50 million lower than initially expected. Despite these challenges, Stratasys expects a slight increase in third-quarter revenues.
Layoffs
Why Stratasys (SSYS) Shares Are Sliding Today
Shares of 3D printing company Stratasys (NASDAQ:SSYS) fell 20.7% in the pre-market session after reporting second-quarter earnings that missed Wall Streets estimates for full-year revenue, EPS, and EBITDA. The company announced a restructuring plan that includes laying off 15% of its workforce. The stock has been volatile, down 52.9% since the beginning of the year, and is currently trading 55.3% below its 52-week high. The significant drop in share price reflects the markets negative perception of the companys recent performance.
Layoffs
Stratasys (SSYS) Q2 2024 Earnings Call Transcript
Stratasys held its Q2 2024 earnings call on August 29, 2024, reporting a 13.6% year-over-year decline in revenue to $138 million. Despite this, the company saw improved gross margins due to strong consumable sales and cost controls. Stratasys announced a strategic restructuring plan aimed at saving $40 million annually, primarily through a 15% headcount reduction by the end of the year. The company highlighted new product introductions and partnerships, including a significant collaboration with AM Craft in the aviation sector. However, the macroeconomic environment and high interest rates have led to prolonged sales cycles and reduced capital spending by customers.
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Stratasys Releases Second Quarter 2024 Financial Results
Stratasys (NASDAQ:SSYS) Misses Q2 Revenue Estimates, Stock Drops
Stratasys, a 3D printing company, missed analysts expectations for Q2 CY2024, reporting a 13.6% year-on-year revenue decline to $138 million, which was 5.7% below estimates. The company also lowered its full-year revenue guidance to $575 million, a 9.8% decrease from previous estimates. Additionally, Stratasys reported a non-GAAP loss of $0.04 per share, down from a profit of $0.04 per share in the same quarter last year. Despite some improvements in operating margins, the overall performance was weak, leading to a 7% drop in stock price. The company’s long-term revenue and EPS trends have been declining, indicating ongoing challenges.
Customers
Stratasys (SSYS) Reports Q2 Loss, Lags Revenue Estimates
Stratasys reported a quarterly loss of $0.04 per share, matching the Zacks Consensus Estimate but contrasting with earnings of $0.04 per share from a year ago. The company posted revenues of $138.04 million, missing the consensus estimate by 6.78% and down from $159.75 million a year ago. Over the last four quarters, Stratasys has only surpassed consensus EPS estimates once. The companys shares have declined by about 46.2% since the beginning of the year, underperforming the S&P 500s gain of 17.2%. The future performance of Stratasys will depend on managements commentary and earnings outlook. The Zacks Rank for Stratasys is currently #3 (Hold), indicating expected performance in line with the market.
Public Trading
Stratasys Q2 Earnings: Loss Widens, Cuts Workforce, Lowers Annual Projections, Stock Tumbles
Stratasys reported a disappointing fiscal second-quarter 2024 with revenue of $138.04 million, missing the analyst consensus estimate of $146.34 million. Despite a slight improvement in adjusted EPS loss, the company saw a decline in adjusted EBITDA and net loss. Stratasys plans to downsize its workforce by 15% by the end of 2024 to save $40 million annually. The company also lowered its FY24 revenue and EPS outlook, causing its stock to tumble. Stratasys expects its third-quarter revenue to be slightly higher than the second quarter.
Layoffs
Stratasys: Q2 Earnings Snapshot
Stratasys Ltd., a 3D printer manufacturer based in Eden Prairie, Minnesota, reported a loss of $25.7 million for its second quarter. The company experienced a loss of 36 cents per share, or 4 cents per share when adjusted for non-recurring costs and stock option expenses. Stratasys posted a revenue of $138 million for the period. The company forecasts full-year earnings to be between 1 cent and 5 cents per share, with revenue ranging from $570 million to $580 million.
Why Stratasys Stock Sank 15% Today
Stratasys stock fell 14.9% due to mixed Q2 earnings results. The company reported a $0.04 non-GAAP loss per share, better than the expected $0.05 loss, but worse GAAP earnings showed a $0.36 loss per share. Sales fell short of expectations at $138 million, a 14% decline year-over-year. In response, Stratasys announced a restructuring plan, including laying off 15% of its workforce to cut operating costs by $40 million by early 2025. Despite these efforts, the company warned of higher losses in Q3, projecting a loss of up to $1.50 per share.
Layoffs
סטרטסיס מפטרת 15% מהעובדים, מתוכם כ-80 בישראל | כלכליסט
Stratasys, a 3D printer manufacturer, announced a 15% workforce reduction as part of its Q2 report. The company, which currently has 1,980 employees, will lay off 300 employees globally, including 80 in Israel. This reorganization aims to save $40 million annually and is a response to lowered revenue forecasts. The companys stock dropped by 10% on NASDAQ following the announcement. Stratasys reported Q2 revenues of $138 million, down from $159.8 million the previous year. The company forecasts annual revenues of $570-580 million, a $50 million decrease from previous estimates. Despite the layoffs, Stratasys plans to increase its workforce by 15% by the end of the year.
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Stratasys (SSYS) Reports Q2: Everything You Need To Know Ahead Of Earnings
Stratasys, a 3D printing company, is set to report its Q2 earnings tomorrow. Last quarter, the company met analysts revenue expectations with $144.1 million, a 3.6% year-on-year decline. Analysts expect an 8.4% year-on-year revenue decline this quarter to $146.3 million and an adjusted loss of -$0.05 per share. Despite a solid track record of meeting revenue estimates, Stratasyss stock has declined 9% over the past month, reflecting broader market volatility and mixed inflation data. The average analyst price target is $14.6, compared to the current share price of $7.67.
Stratasys Gears Up to Report Q2 Earnings: Key Factors to Note
Stratasys is set to release its second-quarter 2024 results on August 29. The Zacks Consensus Estimate projects a year-over-year revenue decline of 7.31% to $148.08 million and a loss of 4 cents per share. The decline is attributed to divestitures and unfavorable foreign currency exchange rates. Despite these challenges, the company has introduced new products like the SAF HighDef Printing capabilities and the J5 Digital Anatomy 3D printer, which may help attract new customers. However, global economic issues and inflation are expected to impact profitability negatively.
Customers
CollPlant (CLGN), Stratasys Initiate Study for Breast Implants
CollPlant Biotechnologies and Stratasys Ltd. have initiated a pre-clinical study with 200cc commercial-sized regenerative implants printed on a Stratasys Origin 3D printer. The study will focus on the ability of implants to grow natural breast tissue and completely degrade over time. The pre-clinical study marks a significant step forward in the companies’ combined effort to provide patients with care using regenerative medicine instead of traditional implants. CollPlant is expecting to have initial results from the study in the first half of 2025.
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/PRNewswire/ -- In a significant step in the advancement of regenerative medicine, CollPlant Biotechnologies (Nasdaq: CLGN) and Stratasys Ltd. (Nasdaq: SSYS)...
CollPlant Biotechnologies and Stratasys Ltd. have initiated a pre-clinical study to test 3D printed breast implants made from CollPlants rhCollagen-based bioinks using Stratasys Origin printer. This collaboration aims to develop a bioprinting solution for breast implants that promote natural tissue growth and degrade over time. The study addresses a $3 billion market opportunity and represents a significant advancement in regenerative medicine. Initial results are expected in the first half of 2025. The collaboration exemplifies how Stratasys partners with customers to push innovation boundaries.
Partners
3D Printed Breast Implants Could Be the Future of Plastic Surgery
CollPlant Biotechnologies and Stratasys are collaborating on a pre-clinical study to create 200cc commercial-sized regenerative implants printed on a Stratasys Origin 3D printer. The implants are designed to promote natural breast tissue growth and degrade over time. The technology could provide an alternative for reconstructive and aesthetic procedures, a significant portion of the $3 billion breast implant market. CollPlants implants are 3D-printed using the companys plant-based rhCollagen, which is identical to the type I collagen produced by the human body. The global breast implant market is valued at $3 billion.
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CollPlant and Stratasys Announce Pre-clinical Study for Regenerative Commercial-Sized Breast Implants
Stratasys Conference Call to Discuss Second Quarter 2024 Financial Results
Is Stratasys, Ltd. (SSYS) the Best 3D Printing and Additive Manufacturing Stock To Buy Now?
The article discusses the growth potential of the additive manufacturing industry, with a focus on Stratasys, Ltd., a leading 3D printing company. The widespread use of 3D printing technology in various fields has led to the industry being considered a high-growth area in manufacturing. The article mentions the Additive Manufacturing Forward initiative launched by the Biden Administration in 2022 to promote the use of additive manufacturing and 3D printing in the US. Stratasys reported a flat year-over-year revenue of $144.1 million for the first quarter of 2024, alongside a record high in recurring consumables revenue. The company also reiterated its 2024 financial outlook, projecting a revenue of up to $645 million.
Investment
Stratasys Announces Move to Minnetonka Campus, Enhancing Innovation and Work Environment
Q1 Earnings Roundup: Stratasys (NASDAQ:SSYS) And The Rest Of The Custom Parts Manufacturing Segment
The article discusses the Q1 earnings of custom parts manufacturing companies, focusing on Stratasys. Stratasys reported revenues of $144.1 million, down 3.6% year on year, in line with analysts expectations. The companys stock has remained flat since the report. The article also mentions other companies in the sector, including Desktop Metal, Markforged, and Proto Labs. The sector has been affected by economic cycles and uncertainties around inflation and rate cuts.
Customers
Implied Volatility Surging for Stratasys (SSYS) Stock Options
Stratasys Ltd. is experiencing high implied volatility in the options market, suggesting that investors are expecting a significant move in the stock. Despite this, the company currently holds a Zacks Rank #3 (Hold) in the Computer - Peripheral Equipment industry. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while two have revised their estimates downward. This has resulted in the Zacks Consensus Estimate for the current quarter moving from earnings of 2 cents per share to a loss of 4 cents.
Public Trading
Spotting Winners: Markforged (NYSE:MKFG) And Custom Parts Manufacturing Stocks In Q1
Markforged, a company that offers 3D printers and software to manufacturers, reported a weak Q1 with revenues of $20.55 million, down 14.7% year on year. This was in line with analysts expectations. The companys stock has fallen 21.1% since the report and currently trades at $0.48. Despite the disappointing results, CEO Shai Terem stated that the company started 2024 with strong execution, setting a solid foundation for the year ahead. The article also mentions other companies in the custom parts manufacturing sector, including Desktop Metal, Stratasys, and Proto Labs.
Customers
Stratasys (SSYS) Launches New Dental 3D Printer DentaJet XL
Stratasys has launched a new 3D printer, DentaJet XL, designed to improve dental lab productivity and reduce costs. The printer requires minimal human intervention and can reduce labor costs by up to 90%. Stratasys has also announced partnerships with AM Craft, BASF, and Select Additive Technologies to expand its product portfolio and boost demand in various industries. Despite these advancements, the company faces stiff competition from major players like Hewlett Packard Enterprise, Seiko Epson, and Konica Minolta.
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Stratasys unveils the DentaJet™ XL solution, designed to transform production of high-quality models for crowns and bridges, implants, clear aligner arches, and surgical guides
Stratasys Recognized at AMGTA Member Summit with Four Awards for Excellence in Additive Manufacturing Sustainable Business Practices
Stratasys (SSYS) Down 7% Since Last Earnings Report: Can It Rebound?
Stratasys reported a Q1 2024 loss of 2 cents per share, narrower than the Zacks Consensus Estimate of a loss of 4 cents. However, the companys revenues dipped 3.5% year over year to $144.05 million, missing the consensus mark by 2.36%. The decline in revenues was partially offset by the divestitures of certain businesses and unfavorable foreign currency exchange rates. For 2024, management projects revenues between $630 million and $645 million, and non-GAAP earnings per share in the range of 12-19 cents. The companys shares have lost about 7% since the last earnings report.
Customers
Stratasys (SSYS) Tests 3D Printed Models in Orthopedic Oncology
Stratasys and Ricoh USA enrol first subject to assess 3D models in orthopaedic study
Stratasys and Ricoh USA have begun a clinical study to evaluate the effectiveness of 3D printed models for preoperative planning in orthopaedic oncology. The study will compare the use of 3D printed anatomical models to the current standard of care, which involves CT or MRI imaging. The goal is to determine if these models can reduce operating times, decrease blood loss, and minimize procedural complications. The study will be conducted over a 12-month period with up to 150 subjects at three different sites. The Ohio State University Wexner Medical Center and Corewell Health have agreed to participate.
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First patient enrolled in landmark clinical study to assess 3D printed models for orthopedic tumor removal
Ricoh USA, Inc. and Stratasys Ltd. have announced the enrollment of the first patient in a clinical study aimed to evaluate the use of 3D printed models for orthopedic oncology. The study will assess the efficacy of patient-specific 3D printed anatomical models for preoperative planning and tumor excision in comparison to the current standard of care, which relies solely on CT or MRI imaging. The joint research aims to demonstrate potential improvements in surgical outcomes, including reduced blood loss, shorter operating time including time under anesthesia, and decreased risk of procedural complications.
Partners
Stratasys (SSYS), AM Craft to Venture Into the Aviation Industry
Stratasys has announced a strategic partnership with AM Craft to expand the demand for flight-certified 3D printed parts in the aviation industry. This involves a commercial agreement and a strategic investment by Stratasys in AM Craft. Stratasys will leverage AM Crafts production capabilities in Europe and its ability to extend certification to partner companies like Paradigm 3D in Dubai. Stratasys subsidiary, Additive Flight Solutions, in Singapore, will be operated by AM Craft, expanding the production network to Southeast Asia and adding a new facility in Hamburg later this year. Stratasys also recently partnered with BASF Forward AM for the commercial availability of SAF Polypropylene for the H350 printer.
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Stratasys and AM Craft Partner to Drive Growth in 3D Part Manufacturing for Aviation
Stratasys and BASF Partner to Deliver New Polypropylene Material for Stratasys SAF Technology
Stratasys unveils 3D printer to create patient-specific models
Stratasys has launched the J5 Digital Anatomy 3D printer, a device designed to create patient-specific models to enhance surgical preparation and improve patient outcomes. The printer is expected to benefit medical device manufacturers, hospitals, and research institutions by accelerating product development and optimising operations. The printer can produce life-like anatomical models for pre-operative surgical planning, potentially reducing operating room time and costs. Last year, Stratasys signed an agreement with CollPlant Biotechnologies to develop and commercialise a solution for the industrial-scale bioprinting of tissues and organs.
Partners
Stratasys (SSYS) Launches Latest J5 Digital Anatomy 3D Printer
Stratasys has launched the J5 Digital Anatomy 3D printer, aimed at hospitals, medical device manufacturers, and research institutions. The printer is designed to produce high-fidelity anatomical models for improved patient outcomes, streamlined operations, and faster time-to-market for new products. The J5 printer features materials that mimic human tissue, skeletal structures, and vasculature. The company has also made several updates to its Industrial and Healthcare Business Unit products and Stratasys Direct. The companys shares have fallen 42.5% year to date due to competition from Seiko Epson, Konica Minolta, and Hewlett Packard Enterprise.
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Stratasys Expands Access to Anatomical Realism with New Digital Anatomy Solution
Stratasys to Showcase Industry-Leading Portfolio of Offerings Across Additive Manufacturing at RAPID + TCT Expo
Stratasys (SSYS) Upgraded to Buy: What Does It Mean for the Stock?
Stratasys has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates. The Zacks Consensus Estimate, which tracks the consensus of EPS estimates from sell-side analysts, suggests an improvement in the companys underlying business. This upgrade is expected to have a favorable impact on Stratasys stock price. The company, which manufactures 3D printers, is expected to earn $0.15 per share for the fiscal year ending December 2024, a year-over-year change of 36.4%. Over the past three months, the Zacks Consensus Estimate for Stratasys has increased by 6.7%.
Investment
Stratasys' (SSYS) Regular Updates Suggest Bright Prospects
Stratasys has released updates to its additive manufacturing capabilities, including the F3300, which has already been adopted by Nissan, BAE Systems, Sikorsky and Toyota. The company has also introduced updates to its Industrial and Healthcare Business Unit products and Stratasys Direct. Stratasys has also launched the SAF HighDef Printing capabilities and the H350 V1.5 printer, aimed at enhancing precision in additive manufacturing. The company has also launched two new software packages, GrabCAD Streamline Pro and an updated version of GrabCAD Print Pro for PolyJet. Despite these advancements, the companys shares have plunged 32.3% year to date due to tough competition in the printer market.
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Expanded Materials and Technology Updates Bring New Opportunities for Stratasys Customers to Boost Their Additive Manufacturing Capabilities
Stratasys (SSYS) Q1 Earnings Beat Estimates, Revenues Fall Y/Y
Stratasys reported a first-quarter 2024 loss of 2 cents per share, narrower than the Zacks Consensus Estimate of a loss of 4 cents. The company’s revenues dipped 3.5% year over year to $144.05 million, missing the consensus mark by 2.36%. The decline in revenue was partially offset by the divestitures of certain businesses and unfavorable foreign currency exchange rates. The companys non-GAAP gross profit decreased 0.9% from the year-ago period to $70.03 million. For 2024, management projects revenues between $630 million and $645 million, and non-GAAP earnings per share in the range of 12-19 cents.
Customers
Stratasys (SSYS) Q1 2024 Earnings Call Transcript
Stratasys has reported its Q1 2024 earnings call, highlighting a relatively flat year-over-year revenue after backing out divestitures. However, gross margins improved and consumables recurring revenue reached a record high. The companys CEO, Dr. Yoav Zeif, stated that their customers are using their systems at a high level, indicating an increasing reliance on 3D printing. The company also reported generating over 7 million of cash from operations and positive free cash flow. Stratasys also announced the promotion of Amir Kleiner to COO. The company continues to run a comprehensive process as its board of directors evaluates all avenues to maximize value.
CustomersManagement Changes
Q1 2024 Stratasys Ltd Earnings Call
Stratasys Ltd. reported its Q1 2024 earnings, noting relatively flat year-over-year revenue due to constrained capital spending across the industry. However, the companys gross margins improved and consumables recurring revenue reached a record high. The company also generated over $7 million of cash from operations and positive free cash flow. Stratasys CEO, Dr. Yoav Zeif, highlighted the companys recent technology offering, the F3300, which has been purchased by companies such as Toyota, BAE Systems, Sikorsky, and Nissan. The company also announced the promotion of Amir Kleiner to COO.
CustomersManagement Changes
Stratasys (SSYS) Reports Q1 Loss, Misses Revenue Estimates
Stratasys reported a quarterly loss of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.04. However, this is a decrease from earnings of $0.02 per share a year ago. The company, which manufactures 3D printers, posted revenues of $144.05 million for the quarter ended March 2024, missing the Zacks Consensus Estimate by 2.36%. This is also a decrease from year-ago revenues of $149.38 million. Stratasys shares have lost about 36% since the beginning of the year.
Customers
Stratasys Releases First Quarter 2024 Financial Results
Stratasys Conference Call to Discuss First Quarter 2024 Financial Results
What happened to 3D printing stocks?
The article discusses the performance of 3D printing stocks and their impact on various industries. Companies like Apple, General Electric, and Medtronic are highlighted for their use of 3D printing in their manufacturing processes. However, the performance of 3D printing stocks has been fluctuating due to economic conditions. Some of the oldest 3D printing stocks, Stratasys Ltd. and 3D Systems Corporation, have seen significant price gains over time. The article also mentions several 3D printing stocks that went public recently, including Markforged Holding Corporation, Velo3D, Inc., and Shapeways Holdings, Inc. The Boston-based software firm PTC Inc. is highlighted for its positive performance in 2024.
Public Trading
Immersion (IMMR) Meets Q1 Earnings Estimates
Immersion (IMMR) has reported quarterly earnings of $0.59 per share, in line with the Zacks Consensus Estimate, and up from $0.25 per share a year ago. The company, which belongs to the Zacks Computer - Peripheral Equipment industry, posted revenues of $43.85 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 75.81% and significantly up from $7.07 million a year ago. Immersion shares have added about 4.4% since the beginning of the year. The companys future performance will depend on managements commentary on the earnings call.
Customers
Stratasys Wants to Use 3D Printing to Promote Upcycling
3D printing company Stratasys has launched a direct-to-garment solution for its TechStyle printer, the J580. The printer will now be able to apply 3D-printed designs onto pre-existing garments. The company expects this will attract consumers looking for personalized experiences and style. Stratasys presented its Urban Tattoo denim collection at Texprocess in Germany, which was developed with the help of designers like Karim Rashid, Travis Fitch, and Zlatko Yanakiev. The company believes the collection will appeal to multiple brands across diverse socio-economic backgrounds.
CustomersExpand
Stratasys Brings High-Definition Printing to its leading SAF Lineup; Announces Upgraded H350
Cheap Tech, Big Gains: 7 Stocks Under $10 to Buy Now
The article discusses seven tech stocks priced under $10 that are worth considering for investment. These include Grab, Payoneer, Himax, VTEX, Stratasys, IonQ, and AST SpaceMobile. Each of these companies operates in different sectors of the tech industry, from application software to computer hardware. The article highlights the potential growth of these companies, their current stock prices, and their projected revenues. It also mentions that these stocks are rated as strong buys by analysts.
Investment
Stratasys (SSYS) Unveils Direct-to-Garment 3D Printing Solution
Stratasys has launched a Direct-to-Garment (D2G) solution for its J850 TechStyle 3D printer, combining personalized fashion with sustainability. The D2G solution allows full-color and multi-material 3D prints directly on fully assembled garments, catering to the growing demand for customization in the fashion industry. The first application will be showcased in the Urban Tattoo denim collection at the Texprocess exhibition in Frankfurt, Germany. Despite facing fierce competition in the 3D printing market, Stratasys is expected to continue innovating and diversifying its offerings to maintain its competitive edge.
CustomersExpand
Stratasys Unveils Direct-to-Garment Solution, Paving the Way for Personalized, Sustainable Fashion
Stratasys (SSYS) Inks 3D Printing Deal With Select Additive
Stratasys has entered into an exclusive partnership with Select Additive Technologies, a division of Morris Group, to be the exclusive polymer 3D printing partner. This partnership will provide Select Additives customer base with a diverse range of polymer 3D printing solutions, exclusively offered by Stratasys. The company has also introduced a new Industrial Customer Advisory Board to gather feedback and insights from its customers. Stratasys has also unveiled two new software packages to improve workflows, increase efficiency and reduce costs for customers. The company has also completed the acquisition of Arevos technology portfolio.
PartnersCustomersAcquisition
Select Additive Chooses Stratasys as Exclusive Partner to Bring Polymer Additive Manufacturing Solutions to its Hundreds of Customers
Stratasys Publishes Second ESG and Sustainability Report; Achieves Important New Milestones
Stratasys Elevates Customer Service and Operations, Welcoming a New COO
Top 15 3D Printing Companies in the US
The article discusses the growth of the 3D printing market, which is expected to reach $88.28 billion by 2030 from $24.89 billion in 2024. It highlights the role of companies like Organovo Holdings, Inc., Apple Inc., Formlabs, HP Inc., and General Electric Company in this growth. Organovo Holdings, Inc. is using 3D printing for drug discovery, while Apple Inc. is testing 3D printing for smartwatch cases. The article also mentions the product offerings of other leading 3D printing companies in the US, including Optomec, Inc., Shapeways Holdings, Inc., Velo3D, Inc., Markforged Holding Corporation, Desktop Metal, Inc., Redwire Corporation, 3D Systems Corporation, Nano Dimension Ltd., Stratasys Ltd., and Proto Labs, Inc.
CustomersInvestment
Stratasys (SSYS) Forms Advisory Board for Additive Manufacturing
Stratasys has introduced a new Industrial Customer Advisory Board to enhance collaboration with customers and gather insights in the additive manufacturing field. The board includes members from leading manufacturers and research institutions. The company has also introduced two new software packages, GrabCAD Streamline Pro and an updated version of GrabCAD Print Pro for PolyJet, and announced the acquisition of Arevos technology portfolio. These moves are expected to boost Stratasys’s top-line performance and fend off competition from other players in the 3D printing market.
CustomersAcquisition
Stratasys Establishes New Customer Advisory Board to Drive Collaboration and Innovation in Additive Manufacturing
Stratasys to Test 3D-Printed Material Performance on Moon
Stratasys Files Annual Report on Form 20-F for the Year Ended December 31, 2023
Stratasys Ltd. (NASDAQ:SSYS) Q4 2023 Earnings Call Transcript
Stratasys Ltd. reported its Q4 2023 earnings, highlighting a record quarter of consumables revenue and its 10th consecutive quarter of profitability. The companys revenue for 2023 was $628 million, down 3.7% from 2022 but up 1.3% after excluding the MakerBot divestiture and two other divested businesses. Stratasys also reported a strong pipeline for its F3300 printer, with Toyota as its first customer. The company also announced partnerships with Daimler Truck North America, Whirlpool, and others. Stratasys expects to see growth in its dental and medical sectors and plans to expand its software offerings.
CustomersPartnersManagement Changes
Stratasys (SSYS) Q4 Earnings and Revenues Miss Estimates
Stratasys reported a 71.4% year-over-year decline in its fourth-quarter 2023 non-GAAP earnings, which also missed the Zacks Consensus Estimate by 50%. The companys revenues also dipped 1.8% year over year to $156.3 million, missing the consensus mark by 2.93%. The decline in revenues was partially offset by the divestitures of certain businesses and unfavorable foreign currency exchange rates. For 2024, the company projects revenues between $630 million and $645 million, and non-GAAP earnings of 12-19 cents per share.
Customers
Q4 2023 Stratasys Ltd Earnings Call
Stratasys Ltd. reported its fourth quarter and full year 2023 financial results, with solid revenues of $628 million, down 3.7% versus 2022, but up 1.3% after excluding the MakerBot divestiture and the 2 businesses divested from Stratasys Direct service bureau. The company delivered its 10th consecutive quarter of profitability on an adjusted basis, reflecting the discipline of its business model. Stratasys is laying the foundation for meaningful use cases that will significantly contribute to its financial performance. The company expects to see this metric grow stronger as global business conditions improve to a point where the majority of its business will come from end-part manufacturing at scale.
CustomersInvestment
Stratasys (SSYS) Q4 2023 Earnings Call Transcript
Stratasys reported its Q4 2023 earnings, highlighting a record quarter of consumables revenue and the 10th consecutive quarter of profitability on an adjusted basis. The companys CEO, Dr. Yoav Zeif, stated that despite a capex-constrained environment for customers, the companys diverse offerings and strong go-to-market operations delivered profitable results. Stratasys reported solid revenues in 2023 of $628 million, down 3.7% versus 2022, but up 1.3% after excluding the MakerBot divestiture and two businesses divested from Stratasys Direct service bureau. The company expects to see growth in 2024 as new technologies ramp up and operational efficiencies continue.
CustomersInvestmentManagement ChangesExpand
Stratasys (SSYS) Q4 Earnings and Revenues Lag Estimates
Stratasys reported quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share. This is a decrease from earnings of $0.07 per share a year ago. The companys revenues for the quarter ended December 2023 were $156.34 million, missing the Zacks Consensus Estimate by 2.93%. This is a decrease from year-ago revenues of $159.26 million. Stratasys shares have lost about 18.8% since the beginning of the year. The companys earnings outlook is mixed, with the current consensus EPS estimate being $0.07 on $157.16 million in revenues for the coming quarter and $0.37 on $680.39 million in revenues for the current fiscal year.
Customers
Stratasys Releases Fourth Quarter and Full Year 2023 Financial Results
Stratasys (SSYS) Boosts Innovation With Arevo Acquisition
Stratasys has announced the acquisition of Arevo’s technology and intellectual property, which includes several essential patents in carbon fiber printing. This acquisition is expected to boost Stratasys’s top-line performance and establish a dominant position in the market. The company has also announced partnerships with PartsToGo, a German service bureau, and University Hospital Birmingham in England. These partnerships aim to improve the companys product offerings and fend off competition in the 3D printing market.
AcquisitionExpand
Stratasys Software Improves Efficiency and Reduces Costs for Additive Manufacturing with Release of New GrabCAD® Packages
Stratasys Acquires Arevo’s Technology Portfolio, Strengthening its Innovation Leadership in Additive Manufacturing
12 Tech Stocks To Sell Right Now According To Cathie Wood
ARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Woods strategy shift includes an increased focus on companies leading in AI and technology, exemplified by her renewed interest in Meta Platforms, Inc. and CRISPR Therapeutics. Despite early-stage pricing inefficiencies and cash-burn issues, Wood sees the gene editing sector as an attractive investment opportunity. In another noteworthy development, Coinbase Global, Inc. surpassed Tesla, Inc. and became ARKs top holding in Q4 2023.
Investment
Zacks Industry Outlook Highlights Logitech, Stratasys, Immersion and TransAct
The Zacks Computer-Peripheral Equipment industry is facing macroeconomic headwinds, including inflationary pressure and higher interest rates, which have induced sluggishness in IT spending and affected the demand for computer peripherals. However, companies like Logitech International, Stratasys, Immersion, and TransAct Technologies are well positioned to benefit from the growing demand for professional gaming accessories, touchscreen and wireless devices, smart glasses, and RFID solutions. The industry is also seeing a shift in consumer preference from mobile gaming to a more professional gaming experience, and the 3D printing market presents a favorable long-term investment opportunity.
CustomersPartners
Stratasys Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results
Pent-Up Demand Could Lift These 3D Printing Stocks Higher
The article discusses the growth potential of the 3D printing industry, particularly for 3D Systems Corporation and Stratasys. Analyst Troy Jensen from Cantor Fitzgerald believes there is pent-up demand in the industry which could be unleashed when economic conditions stabilize or improve. 3D Systems, a South Carolina-based firm, has been in business since the 1980s and offers a range of solutions in the 3D printing industry. Stratasys, headquartered in Minnesota, offers a full range of 3D printing solutions, services, software, and materials. Both companies service a wide range of industries and are expected to see growth in the coming years.
CustomersInvestment
Stratasys Teams Up with Express Dental to Donate 3D-printed Dentures in Support of the Oklahoma Dental Association’s Mission of Mercy
Immersion (IMMR) Moves 16.5% Higher: Will This Strength Last?
Shares of Immersion Corporation soared 16.5% in the last trading session, closing at $8.21. The increase is attributed to growing demand for its digital touch feedback solutions, TouchSense, across various sectors including mobile, automotive, gaming, and other consumer experiences. The companys growth is also due to its innovative technology and new customer wins. Immersion is expected to post quarterly earnings of $0.19 per share in its upcoming report, a year-over-year change of -57.8%. Revenues are expected to be $9.25 million, up 1% from the year-ago quarter.
CustomersInvestment
Stratasys Sets the Stage at Additive Manufacturing Strategies 2024
PartsToGo Scales Additive Manufacturing Capabilities with Addition of Stratasys SLA Solutions
Could Nano Dimension Stock Print New Millionaire Investors in 2024?
Nano Dimension, a 3D printing and additive manufacturing company, has seen a significant decline in its stock value since its 2016 IPO, including a 70% drop over the last three years. The company has been trying to acquire Stratasys, another player in the 3D printing space, but has faced opposition. Despite this, Nano Dimension still had over $870 million in cash and short-term investments as of the end of September 2023. The company renewed its bid for Stratasys in December 2023, offering $16.50 per share, for a market cap of about $1.1 billion to $1.2 billion. The future of Nano Dimension remains uncertain, with the potential acquisition of Stratasys being a key factor.
AcquisitionPublic Trading
Stratasys (SSYS) Gets Unsolicited Proposal From Nano Dimension
Stratasys has confirmed an unsolicited takeover offer from Nano Dimension. The proposed offer price is $16.50 per share in cash, a 40% premium from the volume-weighted average Stratasys share price since Sep 28, 2023. Nano Dimension is the largest single shareholder of Stratasys and has a current liquidity profile that includes more than $800 million of net cash. The acquisition would strengthen Nano Dimension’s 3D printing business and give it access to Stratasys’ range of premium polymer-based 3D printing systems. Stratasys has been scaling newer heights across all its business segments, benefiting from an increase in demand for 3D-printed materials and strategic partnerships.
AcquisitionPartners
Why Stratasys Stock Blasted 13% Higher Today
3D printing company Stratasys has received a preliminary buyout offer from specialty electronics company Nano Dimension. The offer, priced at $16.50 per share, is nearly 26% higher than Stratasys most recent closing stock price. This announcement comes less than three months after Stratasys launched a review of strategic alternatives for its future. However, Stratasys has stated that this offer does not guarantee a deal will occur.
Acquisition
Why Is 3D Printing Solutions Provider Stratasys Stock Soaring Today?
Stratasys Ltd has received a preliminary acquisition proposal from Nano Dimension Ltd. Nano Dimension intends to buy all the outstanding shares it doesnt currently own for $16.50 per share in cash. This comes after Stratasys Board of Directors initiated a process to explore strategic alternatives for the company. The proposal represents a 40% premium from the volume-weighted average shares of Stratasys since September 28, 2023. Nano Dimension currently has over $800 million of net cash and has started discussions with financing sources to support any transaction if it happens.
Acquisition
Nano Dimension Makes New $1.1 Billion Bid for Stratasys
Nano Dimension, an Israeli 3D printed electronics company, has reportedly offered to buy fellow Israeli 3D printer manufacturer Stratasys in a cash deal valuing the company at about $1.1 billion. The offer is for $16.50 per share, 25.9% above the current share price. Earlier in April, Nano Dimension had offered a reported $20 per share buyout. Stratasys had previously taken a poison pill to prevent a takeover attempt by Nano Dimension. Nano Dimension had bought a 14% stake in Stratasys in the summer of 2022. Stratasys was also considering a buyout offer from American 3D printer technology firm 3D Systems, which fell through.
AcquisitionInvestment
Stratasys Confirms Receipt of Unsolicited Preliminary Proposal from Nano Dimension
Nano Dimension Announces Preliminary All Cash Proposal to Acquire Stratasys for $16.50 per share
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has submitted a preliminary all cash proposal to the Board of Directors of Stratasys Ltd. to purchase all the outstanding shares of Stratasys that it does not currently own for $16.50 per share in cash. Nano Dimension is willing to immediately enter customary transaction-related documentation required to complete confirmatory due diligence and seeks to do so in the immediate future. Nano Dimension has entered discussions with financing sources to support any transaction, should such support be needed.
AcquisitionInvestment
Stratasys Adopts Limited Duration Shareholder Rights Plan with Enhanced Shareholder Protections
Stratasys Wins Coveted 3D Printing Industry Award
Stratasys (SSYS) Enhances Tumor Surgery With 3D-Printed Guides
Stratasys has announced that the University Hospital Birmingham in England has achieved enhanced results for head and neck cancer patients due to the implementation of customized, 3D-printed cutting guides. The success is credited to the adoption of a Stratasys J5 MediJet 3D printer, which allows the hospital to create precise, patient-specific cutting guides before surgeries. Stratasys has also entered into partnerships with Siemens, Toyota and the National Occupational Competency Testing Institute, which are set to boost Stratasys’s top-line performance in the upcoming quarters.
CustomersPartners
University Hospital Birmingham Improves Craniomaxillofacial Tumor Surgery Using 3D Printed Tailored Surgical Guides
Stratasys Partners with National Occupational Competency Testing Institute to Introduce First-Ever FDM Process Certification
Stratasys (SSYS) & Siemens Team Up to Enhance Medical Imaging
Stratasys has announced a partnership with Siemens Healthineers to develop advanced medical imaging phantoms for computed tomography (CT) imaging. The project aims to revolutionize medical phantom usage, potentially replacing human cadavers with 3D-printed structures. This partnership is expected to boost Stratasys’s top-line performance in the upcoming quarters and establish a dominant position in the market. However, Stratasys faces tough competition in the 3D printing market from players like Nano Dimension and Altair Engineering.
Partners
Stratasys Partners with Siemens Healthineers in Landmark Research Project to Advance Medical Imaging
The 3 Best 3D Printing Stocks to Print Profits in 2024
The 3D Printing ETF, which peaked in early 2021, has seen a decline in value, reflecting the volatility of the 3D printing sector. However, the long-term outlook for the industry is positive, with Grand View Research predicting a compound annual growth rate of 23.3% through 2030. Companies like Stratasys, Nano Dimension, and Altair Engineering are highlighted as significant prospects in the field. Stratasys has a market capitalization of over $750 million and reported non-GAAP earnings per share of four cents in its recent third quarter. Nano Dimension reported a 33% year-over-year increase in revenue for the second quarter, while Altair Engineering reported third-quarter earnings per share of 14 cents.
Investment
סטרטסיס השיקה מדפסת תעשייתית חדשה, טויוטה היא הלקוחה הראשונה - Techtime - חדשות אלקטרוניקה והייטק
3D printer manufacturer Stratasys reported Q3 revenues of $162.1 million, similar to the same quarter in 2022. The company also reported record revenues of $61.8 million from ink sales, indicating increased use of its printers for serial production. However, Stratasys slightly lowered its annual revenue forecast to around $610 million due to global macroeconomic conditions and its decision to close two unprofitable service offices in Texas and California. The company also launched a new industrial printer, F3300, with Toyota being its first customer.
CustomersManagement ChangesLayoffs
Stratasys (SSYS) Q3 Earnings Meet, Sales Surpass Expectations
Stratasys reported Q3 2023 non-GAAP earnings of 4 cents per share, matching the Zacks Consensus Estimate but declining 20% YoY. Revenues remained flat YoY at $162.1 million, slightly above the consensus mark of $162 million. The companys product revenues were up 1% from the year-ago quarter to $113.27 million, while service revenues decreased 2.4% YoY to $48.9 million. For 2023, the company projects revenues between $620 million and $630 million and non-GAAP earnings in the range of 10-14 cents per share.
Customers
Q3 2023 Stratasys Ltd Earnings Call
Stratasys Ltd. held its Q3 2023 earnings conference call, discussing its financial results and recent developments. The company reported record recurring revenue from consumable sales and strong customer demand. Stratasys also announced the appointment of Aris Kekedjian to its Board of Directors. The company recently launched its F-3300 printer, which is up to 2x faster than other polymer filament printers. The company also highlighted its recent customer successes, including a significant order from the U.S. Army and the installation of a variety of Stratasys systems by FAW, Chinas largest wholly owned auto manufacturer. The company ended the quarter with a strong balance sheet of $185 million in cash, equivalents, and short-term deposits and no debt.
CustomersManagement ChangesInvestment
Stratasys Ltd. (NASDAQ:SSYS) Q3 2023 Earnings Call Transcript
Stratasys Ltd. reported its Q3 2023 earnings, with results in line with expectations. The company achieved record recurring revenue from consumable sales and continues to see strong customer demand. Stratasys also announced that Aris Kekedjian was appointed to its Board of Directors. The company continues to innovate and expand its technology offerings, with a focus on manufacturing applications. Stratasys ended the quarter with a strong balance sheet of $185 million in cash, equivalence and short-term deposits, and no debt. The company also announced partnerships and customer acquisitions, including a partnership with Encee GmBH and a significant order from the US Army Picatinny Arsenal.
CustomersPartnersManagement Changes
Study Shows That Additive Manufacturing Reduces Emissions and Conserves Resources in Production for Fashion Footwear
Here's Why Nano Dimension Stock Soared Today
Shares of 3D printing company Nano Dimension soared after a substantial stock buyback plan was approved in court. The stock was up about 11% as of 11:30 a.m. ET.
Public Trading
Stratasys (SSYS) Terminates Desktop Metal Merger Agreement
Stratasys Limited has terminated its merger agreement with Desktop Metal after shareholders rejected the deal. The merger was valued at approximately $1.8 billion. As a result of the failed merger, Stratasys will have to reimburse Desktop Metal up to $10 million in transaction-related expenses and may have to pay a $32.5 million breakup fee if it enters into another merger or acquisition deal within the next 12 months. Stratasys is now exploring other alternatives to enhance shareholder value. Nano Dimension and 3D Systems have shown interest in acquiring Stratasys.
PartnersAcquired-byAcquisition
Stratasys (SSYS) Moves 7.8% Higher: Will This Strength Last?
Stratasys shares rose by 7.8% after the company announced the termination of its merger deal with Desktop Metal, which was rejected by shareholders. The company is now considering other options, including a strategic transaction, merger, business combination, or sale. Stratasys is seeing increased demand for its 3D printed equipment across various industries and its cost-control initiatives are expected to positively impact future expenses. The companys focus on innovation and strategic partnerships are helping it win new deals and expand its reach.
PartnersManagement Changes
3D Systems Issues Statement on Stratasys’ Pursuit of Strategic Alternatives
3D Systems Inc. has proposed a binding merger agreement with Stratasys Ltd. The proposal includes a 60-day go-shop period, allowing Stratasys to actively seek alternative proposals. The merger agreement can be terminated by Stratasys if a superior offer is found. 3D Systems believes that the merger presents an attractive opportunity for Stratasys shareholders and the additive manufacturing industry. The offer, which was delivered on September 13, 2023, will expire on October 5, 2023, if not countersigned by Stratasys.
Acquisition
Stratasys shareholders reject company's $1.8B deal for Desktop Metal
Stratasys to Explore Strategic Alternatives to Maximize Shareholder Value
Stratasys Completes Sale of Urethane Facilities
Nano Dimension Re-affirms They Are Voting “AGAINST” Stratasys’ Value-Destructive Merger with Desktop Metal; Part of Growing Consensus Along with Large Shareholder, Donerail, and Proxy Advisor, ISS
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, has reaffirmed its opposition to the proposed merger between Stratasys Ltd. and Desktop Metal Inc. Nano Dimension, which is Stratasys largest shareholder, intends to vote against the merger and urges fellow shareholders to do the same. The company argues that the merger would be highly dilutive, resulting in significant value destruction and sacrificing Stratasys profitability and financial flexibility. Nano Dimensions opposition is supported by The Donerail Group LP, one of Stratasys largest shareholders, and Institutional Shareholders Services Inc., a leading proxy advisory firm.
PartnersManagement Changes
Glass Lewis recommends Stratasys shareholders reject Desktop Metal deal
Proxy advisory firm Glass Lewis has recommended that Stratasys investors vote against the companys plans to acquire Desktop Metal. The firm argues that Stratasys should consider a revised bid from 3D Systems, which it previously rejected. Glass Lewis believes the 3D Systems offer presents better value for Stratasys shareholders, lower regulatory hurdles, and greater potential scale compared to the Desktop Metal merger. This comes after Institutional Shareholder Services, another advisory firm, also recommended against the Desktop Metal deal. The final decision will be made in a vote on September 28.
Acquisition
The Donerail Group Reiterates Intent to Vote Against Stratasys’ Proposed Acquisition of Desktop Metal and Highlights Board’s Complete Failure as Fiduciaries
The Donerail Group LP, a large shareholder of Stratasys Ltd., has issued an open letter expressing its concerns about Stratasys proposed acquisition of Desktop Metal. The letter criticizes the Stratasys Board for its disregard of fiduciary obligations and suggests that the Board may need a severe overhaul. Donerail also commends other Stratasys shareholders and the proxy advisory firm ISS for their public statements against the acquisition. The letter highlights alternative acquisition proposals that have been rejected by the Stratasys Board, including offers from Nano Dimension Ltd. and 3D Systems Corporation.
AcquisitionManagement Changes
Activist investor Donerail to vote against Stratasys acquisition of Desktop Metal
Activist investor Donerail Group, a shareholder in 3D printing company Stratasys, has announced it will vote against Stratasyss plan to acquire Desktop Metal. The announcement comes after Institutional Shareholder Services urged shareholders to reject the deal. Donerail Groups managing partner William Wyatt also stated his preference for a proposed plan by 3D Systems to acquire Stratasys, a proposal that Stratasyss board has rejected. Stratasys investor Nano Dimension, which owns 14.1% of the company, also said it would vote against the merger.
AcquisitionInvestment
3D Systems Supports Leading Proxy Advisor ISS’ Recommendation AGAINST Stratasys’ Planned All-Stock Merger with Desktop Metal
3D Systems has issued a public letter to shareholders of Stratasys Ltd., urging them to reject Stratasys’ planned acquisition of Desktop Metal. The letter follows a recommendation by Institutional Shareholder Services (ISS) that Stratasys shareholders vote against the acquisition. ISS concluded that the merger does not clearly create value for Stratasys shareholders, whereas 3D Systems alternative offer to acquire Stratasys presents a more convincing route to value creation. The transaction with 3D Systems would provide Stratasys shareholders with approximately $509 million of upfront cash consideration and ownership of 46% of the combined company.
AcquisitionManagement Changes
Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printing
Institutional Shareholder Services (ISS), a proxy advisory firm, has advised shareholders of 3D printer manufacturer Stratasys to reject the companys plans to acquire Desktop Metal. ISS believes that another offer from 3D Systems presents a more convincing route to value creation. The recommendation comes ahead of the shareholder vote on September 28. Stratasys all-stock offer for Desktop Metal was valued at approximately $591 million. However, ISS argues that 3D Systems cash and stock offer for Stratasys offers a hedge against further declines in share prices.
Acquisition
Stratasys Mails Letter Urging Shareholders to Vote FOR All Stratasys Proposals
Nano Dimension to Vote “AGAINST” Stratasys’ Value-Destructive Merger with Desktop Metal; Urges Fellow Stratasys Shareholders to Join in Opposition
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has announced its opposition to the proposed merger between Stratasys Ltd. and Desktop Metal Inc. Nano Dimension, which is Stratasys’ largest shareholder, owning approximately 14.1% of Stratasys’ outstanding ordinary shares, intends to vote against the merger and urges fellow Stratasys shareholders to do the same. The company believes that the merger would be highly dilutive and result in significant value destruction, sacrificing profitability and financial flexibility of Stratasys for limited upside.
PartnersManagement Changes
Nothing New: 3D Systems Announcement Only Repeats Already Rejected Inadequate Offer
Stratasys, a leader in polymer 3D printing solutions, has issued a statement in response to a press release by 3D Systems Corporation. The statement highlights the companys concerns with 3D Systems revised proposal, which it believes significantly undervalues Stratasys and does not constitute a Superior Proposal as defined in Stratasys’ merger agreement with Desktop Metal. Stratasys also criticizes 3D Systems management and business metrics, suggesting that the company is pursuing an opportunistic acquisition due to its own deteriorating business outlook. Stratasys reaffirms its approval of the merger with Desktop Metal and encourages shareholders to vote in favor of the merger.
AcquisitionManagement Changes
Stratasys Urges Shareholders to Vote FOR the Desktop Metal Transaction
Stratasys Ltd., a leader in polymer 3D printing solutions, has urged its shareholders to vote in favor of its merger with Desktop Metal, Inc. The merger is expected to create an additive manufacturing powerhouse, delivering compelling value for Stratasys shareholders. The merger is expected to double Stratasys’ total addressable market for manufacturing by 2027, create the first >$1B AM company, and generate $1.6+ billion of revenue and $300+ million of EBITDA in 2026.
Acquisition
Stratasys Board Unanimously Concludes Revised 3D Systems Proposal Does Not Constitute a "Superior Proposal" and Terminates Discussions with 3D Systems
Stratasys Ltd., a leader in polymer 3D printing solutions, has rejected a revised acquisition proposal from 3D Systems Corporation. The Stratasys Board of Directors determined that the proposal significantly undervalues Stratasys and does not constitute a Superior Proposal as defined in Stratasys’ merger agreement with Desktop Metal, Inc. The Board has therefore terminated discussions with 3D Systems and reaffirmed its support for the pending combination with Desktop Metal. The Board expressed serious concerns about 3D Systems’ short- to medium-term growth prospects and the ability of 3D Systems’ management team to run a combined company.
AcquisitionManagement Changes
3D Systems Delivers Enhanced Proposal to Stratasys
3D Systems Inc. has made a revised proposal to merge with Stratasys Ltd., offering each Stratasys share to convert into $7.00 in cash and ownership of 46% of the combined company. This proposal was made in response to Stratasys requests for improved stock consideration, enhanced closing certainty, retention of key talent, and a role for Stratasys’ CEO in the combined company management. However, Stratasys has rejected the proposal, citing the current spot price of 3D Systems shares as inadequate and expressing preference for a merger with Desktop Metal. 3D Systems CEO, Dr. Jeffrey Graves, expressed disappointment at the rejection and confidence that shareholders would support the proposed combination.
AcquisitionManagement Changes
Stratasys (SSYS) Down 8.2% Since Last Earnings Report: Can It Rebound?
Stratasys reported its Q2 2023 earnings, surpassing expectations with non-GAAP earnings of 4 cents per share, a 100% increase YoY. The companys revenues climbed 1.6% YoY to $159.8 million. However, shares have lost about 8.2% since the last earnings report. The companys non-GAAP gross profit decreased 1.8% from the year-ago period to $77.5 million. For 2023, management projects revenues between $630 million and $670 million and non-GAAP earnings in the range of 12-24 cents per share.
Customers
Stratasys Mails Proxy Materials for Extraordinary General Meeting and Letter to Shareholders
Stratasys Ltd., a leader in polymer 3D printing solutions, has announced that it has begun mailing its proxy materials in relation to its merger with Desktop Metal, Inc. The merger aims to create a next-generation additive manufacturing company with enhanced growth and profitability. The merger is expected to accelerate Stratasys’ mission to lead additive manufacturing into mass production by having a metal manufacturing solution alongside its robust polymer offering. The merger is also expected to create strong growth through complementary go-to-market channels to deliver enhanced value to shareholders.
AcquisitionPartnersCustomers
Stratasys Announces Extraordinary General Meeting of Shareholders
Stratasys Ltd. has announced plans to hold an Extraordinary General Meeting of Shareholders on September 28, 2023, to discuss and approve matters related to its merger with Desktop Metal, Inc. The merger will result in Desktop Metal becoming a direct, wholly-owned subsidiary of Stratasys. The meeting will also discuss the issuance of Stratasys ordinary shares to Desktop Metal stockholders, the adoption of amended and restated articles of association for Stratasys, and the election of a new board of directors.
AcquisitionManagement Changes
Nano Dimension Ltd. (NASDAQ:NNDM) Q2 2023 Earnings Call Transcript
Nano Dimension Ltd. held its Q2 2023 earnings call, reporting excellent results for the quarter. The companys organic growth over the last three and a half quarters is about 47%, and revenue in the first half is higher by 38% from 2022. Gross margins also increased significantly. The company also highlighted its acquisition of Additive Flow and the growth of its DeepCube artificial intelligence. A major space company has ordered a significant number of machines from Nano Dimension, with more orders expected. The company is also in the process of signing contracts with four or five customers for its DeepCube deep learning machine. The company did not disclose financial details of the Additive Flow acquisition.
CustomersAcquisitionInvestment
Stratasys (SSYS) Q2 Earnings & Sales Surpass Expectations
Stratasys reported its Q2 2023 non-GAAP earnings of 4 cents per share, beating the Zacks Consensus Estimate of a loss of 3 cents per share. The companys revenues climbed 1.6% year over year to $159.8 million, surpassing the consensus mark of $153.2 million. However, the companys Product revenues were down 5.7% from the year-ago quarter to $109.1 million, primarily due to divestiture and negative impact of foreign exchange rates. For 2023, the company projects revenues between $630 million and $670 million and non-GAAP earnings in the range of 12-24 cents per share.
Customers
Stratasys (SSYS) Q2 2023 Earnings Call Transcript
The article is a brief excerpt from a call involving the CEO and CFO of an unnamed company. They discuss forward-looking statements regarding their expectations for future revenue, gross margin, operating expenses, taxes, and other aspects of their future financial performance, as well as their business outlook.
Not applicable
3d Systems (DDD) Q2 2023 Earnings Call Transcript
The article is a brief introduction to the Q2 2023 earnings call of 3D Systems. The call was attended by Dr. Jeffrey Graves, the president and chief executive officer; Michael Turner, the executive vice president and chief financial officer; and Andrew Johnson, the executive vice president, chief corporate development officer, and chief legal officer. The call also included a slide presentation.
Management Changes
Stratasys Releases Second Quarter 2023 Financial Results
Stratasys Ltd., a leader in polymer 3D printing solutions, has announced its financial results for the second quarter of 2023. The company reported a revenue of $159.8 million, a 1.6% increase from the second quarter of 2022. Despite a GAAP net loss of $38.6 million, the company saw its highest-ever recurring revenue in Consumables and Customer Service. The company also reported its eighth straight quarter of adjusted profitability. Stratasys is reiterating its 2023 and medium-term revenue outlook. The company also mentioned the addition of Covestro’s Additive Manufacturing business and the expected combination with Desktop Metal.
CustomersAcquisition
Stratasys (SSYS) Q2 Earnings and Revenues Top Estimates
Stratasys reported quarterly earnings of $0.04 per share, surpassing the Zacks Consensus Estimate of a loss of $0.03 per share. This is compared to earnings of $0.02 per share a year ago. The company, which is a maker of 3D printers, posted revenues of $159.75 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 4.25%. This is compared to year-ago revenues of $166.6 million. Stratasys shares have increased about 41.3% since the beginning of the year.
Investment
Stratasys Shareholders Re-elect All Eight of Stratasys’ Director Nominees
Stratasys Ltd., a leader in polymer 3D printing solutions, announced that its shareholders have voted to re-elect all eight of its director nominees and ratified the reappointment of Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as the companys independent auditors for the year ending December 31, 2023. The company expressed satisfaction with the voting outcome, stating it reaffirms the companys strategy to deliver profitable growth. The final voting results will be reported with the Securities and Exchange Commission within four business days of the meeting.
Management Changes
Key Factors to Note Ahead of Stratasys' (SSYS) Q2 Earnings
Stratasys is expected to report a decrease in its second-quarter 2023 revenues, with estimates suggesting an 8% year-on-year decrease. The expected decline is primarily due to an unfavorable currency exchange rate and the loss of revenues and earnings resulting from the divestment of its subsidiary, MakerBot, which merged with NPM Capital-backed Ultimaker in September 2022. Stratasys holds a minority stake of 46.5% in the newly formed company. Despite this, Stratasys performance is likely to have benefited from strong demand for its remaining products and solutions, and multiple product launches.
Acquired-byManagement Changes
Q2 2023 Desktop Metal Inc Earnings Call
Desktop Metal, Inc. reported strong Q2 2023 financial results with a revenue of $53.3 million, marking a 29% growth over Q1 2023. The company also reported significant improvements in gross margins and adjusted EBITDA. Desktop Metals binder jetting technology is being used at scale in the automotive industry, including by BMW and Tesla. The company also announced its plans to merge with Stratasys to form the largest company in the additive manufacturing business. The merger is expected to create a $1.1 billion revenue platform with over 50% of the combined revenue coming from mass production.
CustomersPartnersManagement Changes
Stratasys DentaJet Series Building Momentum With Dental Labs Globally
Stratasys Ltd., a leader in polymer 3D printing solutions, is gaining more customers in the dental industry with its DentaJet series of multi-material 3D printers. The printers have been praised for their high quality, accuracy, and efficiency. The companys entry-level J3 DentaJet 3D printer, introduced earlier this year, has been particularly well-received. Dental labs, such as Advanced Dental Technologies and Ident’M, have reported significant improvements in workflow and cost savings since using the printers. The printers also help address the industry-wide challenge of skilled-labor shortage by enabling unattended printing and minimal post-processing.
CustomersExpand
Nano Dimension Announces Expiration of Special Partial Tender Offer for Ordinary Shares of Stratasys; Offer Condition Was Not Satisfied
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, has announced the expiration of its special partial tender offer to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys Ltd. for $25.00 per share. The offer was not met due to the Stratasys Board’s refusal to redeem or terminate its shareholder rights plan (poison pill). Nano has withdrawn its director nominees for the Stratasys Board and intends to review its investment in Stratasys, including a possible sale of its existing 14.1% holdings in the open market, and pursue alternative M&A opportunities.
AcquisitionManagement Changes
Stratasys Announces Updated Timing of Conference Call to Discuss Second Quarter 2023 Financial Results
Stratasys Ltd. has announced that it will release its financial results for the second quarter of 2023 on August 9, 2023. The company will hold a conference call to discuss these results at 10:00 a.m. (ET) on the same day. The call was originally scheduled for 8:30 a.m. but was moved to allow shareholders and analysts to listen to another call that was announced for the same time slot. The investor conference call will be available via live webcast on the Stratasys website.
Public Trading
Axial3D Receives FDA Clearance for Axial3D INSIGHT™ Medical Image Segmentation Platform
Axial3D, a medical segmentation and 3D solutions provider, has received FDA clearance for its AI-driven, cloud-based segmentation platform for various medical applications. This is the second FDA clearance for Axial3Ds platform, INSIGHT™, and is expected to significantly boost production processes, particularly for medical device companies. The platform automates the conversion of 2D DICOM images into accurate 3D visualizations, print-ready files, or 3D printed anatomical models. Stratasys Ltd. led an investment round in Axial3D in late 2022 to advance the companys technology.
InvestmentCustomers
Stratasys Comments on Press Release Issued by 3D Systems
Stratasys, a leader in polymer 3D printing solutions, has issued a statement in response to a press release by 3D Systems Corporation. Stratasys claims that it has moved quickly to provide data requested by 3D Systems for review, and has conducted management meetings. However, it is still waiting for the same information from 3D Systems. Stratasys also notes that 3D Systems has added for the first time that their public proposal of July 13, 2023 is also their best and final proposal as to the form and amount of merger consideration. Stratasys remains bound by the terms of the Desktop Metal merger agreement.
PartnersAcquisition
Nano Dimension Intends to Discontinue its Stratasys Special Tender Offer and Withdraw Director Nominees for Stratasys Board
Nano Dimension Ltd. has announced that it will cease its efforts to acquire Stratasys Ltd. through a $25 per share all-cash special tender offer. The decision comes after Stratasys board refused to redeem a poison pill, a defensive measure used to prevent a hostile takeover. Nano Dimensions CEO, Yoav Stern, stated that the company will proceed with alternative M&A plans and may consider selling its existing 14.1% holdings in Stratasys. The company does not expect the conditions of the special tender offer to be met and does not intend to extend the special tender offer period.
PartnersManagement Changes
Stratasys Conference Call to Discuss Second Quarter 2023 Financial Results
Stratasys Ltd. has announced that it will release its financial results for the second quarter of 2023 on August 9, 2023. The company will hold a conference call to discuss the results on the same day. The call will be available via live webcast on the Stratasys website. Stratasys is a global leader in additive manufacturing, providing 3D printing solutions for various industries including aerospace, automotive, consumer products, and healthcare.
3D Systems Announces Target Date for Completion of Due Diligence Process and Merger Agreement Discussions
3D Systems Inc. has confirmed that the merger consideration outlined in its latest proposal and binding merger agreement is the best and final. The company has increased its cost synergy projection from $100 million to $110 million as a result of ongoing diligence discussions. The company targets the completion of due diligence and merger agreement negotiations with Stratasys by August 4, 2023. The merger agreement that 3D Systems submitted on July 13 contains a number of provisions for the benefit of Stratasys shareholders that are absent from the Desktop Metal merger agreement.
AcquisitionPartners
Independent Proxy Advisory Firms ISS and Glass Lewis Recommend that Stratasys Shareholders Vote "FOR" the Re-Election of ALL of Stratasys’ Director Nominees and "AGAINST" Each of Nano Dimension’s Nominees
Stratasys Ltd., a leader in polymer 3D printing solutions, announced that independent proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co. have recommended that Stratasys shareholders vote for the re-election of the current members of the Stratasys Board, and against the election of each of Nano Dimension’s nominees. The Stratasys Board urges shareholders to vote for the re-election of its directors and against the election of each of Nano’s nominees. The Stratasys Board also urges shareholders not to tender into Nano Dimension Ltd.’s partial tender offer.
Management Changes
Nano Dimension Issues Presentation Highlighting the Need to Replace the Stratasys Board and Detailing Nano’s Value-Driven Path Forward for Stratasys
Nano Dimension Ltd. has issued a detailed investor presentation urging Stratasys shareholders to vote for the nominees proposed by Nano Dimension at Stratasys’ Annual General Meeting on August 8th, 2023. Nano Dimension believes that the current Stratasys Board of Directors has failed its shareholders and has caused significant value destruction. The company is proposing a value-driven path forward for Stratasys that includes sector consolidation and a focus on profitability. Nano Dimension has nominated 7 directors with extensive track records of value creation.
Management Changes
Stratasys Mails Letter to Shareholders Highlighting Nano Dimension's Track Record of Value Destruction
Stratasys Ltd., a leader in polymer 3D printing solutions, has issued a warning to its shareholders against Nano Dimension Ltd.s misleading claims and attempts to gain control of the company. Stratasys claims that Nanos campaign could derail its future growth opportunities and destroy value for its shareholders. The company has urged its shareholders to vote for the re-election of its director nominees and against Nanos nominees. Stratasys also warns that Nanos partial tender offer implies that Stratasys shares are valued at around $16 to $19 per share or less, assuming full participation in the offer.
CustomersManagement Changes
Nano Dimension Sets the Record Straight for Stratasys Shareholders
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, is urging Stratasys shareholders to replace up to seven of the Stratasys Board’s directors with Nano’s nominees. Nano Dimension, which owns approximately 14.1% of Stratasys, has offered $25 per share in an all-cash special tender offer to Stratasys shareholders. The company has also declared its intention to buy the rest of Stratasys shares or pursue a negotiated combination of Stratasys with 3D Systems, Inc. or other candidates for industry consolidation. The Stratasys Annual General Meeting is scheduled for August 8th, 2023.
AcquisitionManagement Changes
4 big deal reports: Stratasys finally agrees to talks with 3D Systems, spurns Nano
Stratasys has agreed to merger discussions with 3D Systems, rejecting Nano Systems offer. VMwares acquisition by Broadcom has been provisionally cleared by the UKs Competition and Markets Authority. Dell has announced its agreement to acquire Moogsoft, an AI-driven intelligent monitoring solutions provider. Investment firm KKR is set to acquire Chase, a global manufacturer of protective materials, for $1.3B. The article also mentions share value changes for the involved companies.
AcquisitionAcquired-by
Stratasys Mails Letter to Shareholders Highlighting the Risks of Nano Dimension’s Misleading Campaign
Stratasys Ltd., a leader in polymer 3D printing solutions, has issued a letter to shareholders urging them to vote for the re-election of Stratasys directors and reject Nano Dimension Ltd.s partial tender offer. The company warns that Nanos CEO, Yoav Stern, cannot be trusted and that Nanos nominees for the board are unqualified. Stratasys also highlights the risks of a Nano-controlled board, including the potential for Stratasys to be sold without shareholders receiving adequate compensation. The companys Annual General Meeting of Shareholders is scheduled for August 8, 2023.
Management Changes
Nano Dimension Expands on Intentions Regarding Stratasys Board Changes
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has nominated seven highly qualified directors to replace the current Stratasys Board of Directors. Nano Dimension, which owns approximately 14.1% of Stratasys, is acting with urgency to initiate this replacement in the interest of all shareholders. The company has urged Stratasys shareholders to vote for the nominees proposed by Nano Dimension at Stratasys’ Annual General Meeting to be held on August 8th, 2023.
Management Changes
Nano Dimension Exposes Another Misleading News Release that Stratasys Board Distributes Unabashedly, Deceiving Shareholders and Public Quoting a Respectable Judge in a Totally Out-of-Context and Misguided Manner
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has criticized the board of directors of Stratasys for their alleged incompetence and deceitfulness. Nano Dimension, which owns approximately 14.1% of Stratasys, has urged shareholders to vote against the current board. The company has also made a special tender offer for Stratasys shares. The move comes amid a legal dispute over Stratasys use of a poison pill rights plan to prevent a hostile takeover.
AcquisitionManagement Changes
Stratasys Board of Directors Unanimously Rejects Nano Dimension’s $25.00 Revised Partial Tender Offer
Stratasys Ltd., a leader in polymer 3D printing solutions, has announced that its Board of Directors unanimously determined that the revised partial tender offer announced by Nano Dimension Ltd. to acquire ordinary shares of Stratasys for $25.00 per share in cash is misleading and significantly undervalues the company. The Stratasys Board urges shareholders not to tender their shares and to vote for the re-election of the Stratasys slate of directors at the 2023 Annual General Meeting of Shareholders. Stratasys has received feedback from many shareholders and brokers that the offer process constructed by Nano is unfair and confusing.
AcquisitionManagement Changes
Stratasys Issues Statement on Legality of Its Shareholder Rights Plan
Stratasys Ltd., a leader in polymer 3D printing solutions, has issued a statement regarding the Israeli court’s preliminary views on the legality of Stratasys’ shareholder rights plan. The court has indicated that a Shareholder Rights Plan is legal under Israeli law. This comes after Nano Dimension Ltd. challenged the Rights Plan as illegal. The courts final decision is not expected until late September or early October 2023. Stratasys has also disclosed its proposed combination with Desktop Metal, Inc.
Partners
Nano Dimension Reminds Stratasys Shareholders of the Performance of Directors Who are on Stratasys Board for 12-15 years On Average VOTE AGAINST THEM!
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, is encouraging Stratasys shareholders to replace their current board with Nano Dimensions director nominees. The company, which owns approximately 14.1% of Stratasys outstanding ordinary shares, criticizes the current board for their poor performance, questionable reputations, and non-shareholder friendly practices. Nano Dimension is proposing a new board that will focus on increasing shareholder value and preventing the current board from blocking alternatives for Stratasys shareholders.
Management ChangesAcquisition
Nano Dimension Increases Its Proposed Price to $25.00 per Share in Cash in its Special Tender Offer Price for Stratasys Shares
Nano Dimension Ltd. has increased its special tender offer price to $25.00 per share from $24.00 to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys Ltd. The expiration date of the offer period has been extended to July 31st, 2023. Nano Dimension believes that the current terms of 3D Systems, Inc.s offer is misleading and not in the best interests of Stratasys’ shareholders. Following the successful completion of the special tender offer, Nano Dimension intends to support a review of strategic alternatives for Stratasys to further enhance shareholder value.
AcquisitionInvestment
Nano Dimension Encourages Stratasys Shareholders to Replace Entrenched Board and Highlights Problematic Track Records of Stratasys Directors
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and 3D printers, is urging shareholders of Stratasys Ltd. to replace the current board with Nano Dimensions director nominees at the upcoming Annual General Meeting on August 8th, 2023. Nano Dimension, which owns approximately 14.1% of Stratasys outstanding ordinary shares, criticizes the current board for neglecting its fiduciary duties, pursuing value-destructive transactions, and maintaining a non-shareholder friendly environment. The company proposes a new board focused on enabling competing bids to increase shareholder value.
Management ChangesAcquisition
3D Systems Welcomes ‘Superior Proposal’ Determination by Stratasys Board and Strong Support from Shareholders of Both Companies
3D Systems Inc. has signed a merger agreement with Stratasys Ltd., which is expected to be countersigned by Stratasys by the end of the week. The agreement follows feedback from Stratasys shareholders that they do not support a merger with Desktop Metal. 3D Systems expects the Desktop Metal merger agreement to be swiftly terminated, with a termination fee paid to Desktop Metal. The merger would result in Stratasys shareholders owning approximately 44% of the combined company and receiving approximately $540 million in cash at the time of the transactions completion.
AcquisitionPartners
Stratasys Board of Directors Unanimously Rejects Nano Dimension’s Revised Partial Tender Offer
Stratasys Ltd., a leader in polymer 3D printing solutions, has announced that its Board of Directors unanimously determined that the revised partial tender offer announced by Nano Dimension Ltd. to acquire ordinary shares of Stratasys for $24.00 per share in cash is misleading, coercive, substantially undervalues the company, and is not in the best interests of all Stratasys shareholders. The Board recommends that shareholders reject the revised partial offer, deliver a Notice of Objection against the partial offer and do not tender their Stratasys shares in the partial offer.
AcquisitionManagement Changes
Nano Dimension Receives Hart-Scott-Rodino (“HSR”) Clearance for the Stratasys Special Tender Offer
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, has announced that the waiting period under the Department of Justices Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired in connection with its special tender offer for Stratasys Ltd. This means no further regulatory review by U.S. antitrust authorities is required in connection with the special tender. The company looks forward to completing its tender offer and bringing customers the benefits of the companies’ combined offering.
Acquisition
אחרי הקפצת המחיר: סטרטסיס מוכנה לדון בהצעה למכירתה ל-3D Systems
3D Systems has increased its offer price by 20% for the acquisition of an Israeli 3D printing company. This is the third offer from 3D Systems, which has improved the price for the shares of the Israeli company by 20%. The Israeli company announced that it will consider the full acquisition offer by 3D Systems.
AcquisitionInvestment
Stratasys to Engage in Discussions with 3D Systems
Stratasys Ltd., a leader in polymer 3D printing solutions, has received a revised unsolicited proposal from 3D Systems Corporation to acquire the company. This proposal is considered a Superior Proposal to the merger agreement Stratasys had previously entered with Desktop Metal, Inc. Stratasys intends to engage in discussions with 3D Systems regarding this proposal, but remains bound by the terms of the Desktop Metal merger agreement. The Stratasys Board has not yet determined that 3D Systems’ proposal constitutes a Superior Proposal as defined in the merger agreement with Desktop Metal.
AcquisitionManagement Changes
Stratasys Intends to Engage in Discussions with 3D Systems to Determine Whether 3D Systems Would Ultimately Make a "Superior Proposal"
Stratasys Ltd., a leader in polymer 3D printing solutions, has reiterated that the revised unsolicited proposal from 3D Systems Corporation to acquire Stratasys is not a Superior Proposal as defined in Stratasys’ merger agreement with Desktop Metal. Stratasys Board of Directors has unanimously determined that the proposal would not result in a Superior Proposal. Stratasys remains bound by the terms of the Desktop Metal merger agreement. The company continues to recommend that shareholders reject Nano Dimension’s revised partial offer.
AcquisitionManagement Changes
4 big deal reports: FTC falls flat in attempt to block Microsoft-Activision
Microsofts proposed acquisition of Activision Blizzard continues to face regulatory challenges in the U.S. and U.K., but the U.S. Federal Trade Commission failed in its attempt to temporarily block the merger. Broadcoms $61 billion acquisition of VMware received conditional approval from the European Commission and the company expects to close the transaction within its fiscal year 2023. Exxon Mobil plans to acquire Denbury Resources for $4.9 billion in an all-stock transaction. Stratasys received an improved merger offer from 3D Systems, which led to a nearly 9% surge in Stratasys shares.
AcquisitionPartners
Stratasys (SSYS) Soars 9% as Takeover Bidding War Intensifies
Stratasys Limiteds shares increased by 9% after receiving a revised acquisition offer from 3D Systems, marking an intensifying bidding war for the 3D hardware and software solution provider. 3D Systems latest offer values Stratasys shares at $24.07, slightly higher than Nano Dimension’s new offer price. Stratasys share price has surged 76.3% year to date. Stratasys has rejected all offers except for the latest revised proposals. Stratasys previously entered into a definitive agreement with Desktop Metal to merge in an all-stock transaction valued at approximately $1.8 billion.
Acquisition
The Donerail Group Delivers Open Letter to the Stratasys Board of Directors
The Donerail Group LP, a large shareholder of Stratasys Ltd., has released a letter to Stratasys Board of Directors, urging them to consider better acquisition offers from 3D Systems Corporation and Nano Dimension Ltd. The improved terms offered by 3D Systems to acquire Stratasys stand at nearly a 70% premium to the closing Stratasys share price following the Desktop Metal news. Nano Dimension, the companys largest shareholder, also expressed its intent to triple its ownership in Stratasys. The Donerail Group encourages the Stratasys Board to negotiate the best possible deal for its shareholders.
Acquisition
Stratasys (SSYS) Surges 9.0%: Is This an Indication of Further Gains?
Stratasys shares rallied 9% in the last trading session, closing at $20.90. This increase is attributed to a higher volume of shares being traded than usual. The rise came after 3D Systems enhanced its takeover bid for Stratasys for the second time. Under the revised proposal, 3D Systems is offering $7.50 in cash and 1.5444 shares of the combined company for each share of Stratasys. Stratasys is expected to post a quarterly loss of $0.03 per share in its upcoming report, representing a year-over-year change of -250%. Revenues are expected to be $153.24 million, down 8% from the year-ago quarter.
Acquisition
3D Systems Delivers Enhanced Binding Offer to Stratasys
3D Systems has announced an enhanced, binding offer to merge with Stratasys Ltd. The offer includes a 62% premium to Stratasys undisturbed share price on May 24, 2023, and a total value of approximately $2 billion. The deal would increase Stratasys ownership in the combined company to approximately 44%. 3D Systems has also committed to paying termination fees to Desktop Metal on behalf of Stratasys. The merger is expected to deliver significant cost synergies and create a leader in the additive manufacturing industry.
AcquisitionManagement Changes
Stratasys Confirms Receipt of Revised Unsolicited Proposal from 3D Systems
Stratasys Ltd., a leader in polymer 3D printing solutions, has received a revised unsolicited proposal from 3D Systems Corporation to acquire Stratasys for $7.50 in cash and 1.5444 newly issued shares of 3D Systems common stock per ordinary share of Stratasys. The Stratasys Board of Directors will review the proposal in consultation with its independent financial and legal advisors. The Stratasys Board has not changed its unanimous approval, recommendation and declaration of advisability of the previously announced transaction with Desktop Metal, Inc.
Acquisition
Stratasys Files Proxy Statement for 2023 Annual General Meeting and Mails Letter to Shareholders
Stratasys Ltd., a leader in polymer 3D printing solutions, has announced that it has filed a proxy statement with the U.S. Securities and Exchange Commission in connection with its 2023 Annual General Meeting of Shareholders. The company is urging shareholders to vote for the re-election of its current board of directors. Stratasys is also facing a partial tender offer from Nano Dimension Ltd., which it believes puts the company at risk. The company is also planning a combination with Desktop Metal, Inc., which it expects to generate more than $1.6 billion of revenue and more than $300 million of EBITDA in 2026.
Management ChangesAcquisition
Stratasys to Review Revised Unsolicited Partial Tender Offer from Nano Dimension
Stratasys Ltd., a leader in polymer 3D printing solutions, confirmed that Nano Dimension Ltd. has increased its unsolicited partial tender offer to acquire Stratasys ordinary shares not already owned by Nano to $24.00 from $20.05 per share in cash. The Stratasys Board had previously rejected Nano’s previous partial tender offers. Stratasys also entered into a merger agreement with Desktop Metal, Inc. in an all-stock transaction. The Stratasys Board will review and evaluate the Revised Offer to determine the best course of action for the company and its shareholders.
AcquisitionManagement Changes
Nano Dimension Increases Special Tender Offer Price for Stratasys Shares to $24.00 per Share in Cash
Nano Dimension Ltd. has increased its special tender offer to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys Ltd. from $20.05 to $24.00 per share. The company opposes Stratasys proposed merger with Desktop Metal, Inc. and has nominated 7 directors for election to the Stratasys Board of Directors at the Annual General Meeting in August 2023. The company intends to support a review of strategic alternatives to further enhance shareholder value, possibly through a negotiated combination with 3D Systems, following the successful completion of the special tender offer.
AcquisitionManagement Changes
3D Systems Reaffirms Commitment to Combination with Stratasys
3D Systems has responded to Stratasys refusal to engage in a business combination transaction. 3D Systems submitted a proposal to combine with Stratasys, offering a package of stock and cash consideration that represents a market value of $20.84 per Stratasys share. The Stratasys Board rejected the proposal without acknowledging or refuting its merits. 3D Systems believes that a combination between the two companies would offer certainty, scale, and long-term growth. They also criticize Stratasys proposed merger with Desktop Metal, citing unfounded assumptions and unrealistic projections. 3D Systems highlights the benefits of its proposed transaction, including scale, complementary technology, cost synergies, and growth opportunities in regenerative medicine. They express their willingness to negotiate and remain committed to making the combination a reality.
PartnersAcquisition
Stratasys Board of Directors Unanimously Rejects Nano Dimension’s Revised Partial Tender Offer
Stratasys Board of Directors Unanimously Determines Revised Proposal from 3D Systems Does Not Constitute a Superior Proposal to Its Agreement with Desktop Metal
The Donerail Group Delivers Letter to the Stratasys Board of Directors
The Donerail Group expresses skepticism regarding the pending acquisition of Desktop Metal by Stratasys. They criticize the Stratasys Board for refusing to negotiate a superior proposal from potential suitors and urge them to consider 3D Systems offer as a superior proposal. The Donerail Group highlights the Boards negligence in engaging with bona fide suitors and the negative impact of the Desktop Metal deal on Stratasys share price. They believe that 3D Systems revised proposal is more compelling and calls for immediate engagement. The Donerail Group emphasizes the Boards fiduciary obligations to shareholders and encourages them to terminate the Desktop Metal deal in favor of a more attractive deal.
Acquisition
Stratasys Expands Dental Penetration in U.S.
Stratasys (SSYS) Soars 6.2%: Is Further Upside Left in the Stock?
Stratasys shares rose 6.2% after Nano Dimension increased its offer price to acquire Stratasys shares. Stratasys is expected to post a quarterly loss of $0.03 per share, with revenues of $153.24 million, down 8% from the previous year. The consensus EPS estimate for the quarter has been revised 13.3% higher over the last 30 days. Stratasys is part of the Zacks Computer - Peripheral Equipment industry, while Logitech, another stock in the same industry, closed 3.8% higher. Logitech has a consensus EPS estimate of $0.46 for the upcoming report.
Acquisition
Stratasys to Review Revised Unsolicited Partial Tender Offer from Nano Dimension
These 2 Stocks Show Merger Mania Isn't Just for Mondays
The article discusses two stocks that are experiencing a sharp climb due to acquisition interest from potential buyers.
Why Stratasys Stock Popped Again Today
Stratasys stock is up 8% as 3D Systems raises its bid for the company.
Acquisition
Stratasys Confirms Receipt of Revised Unsolicited Proposal from 3D Systems
Nano Dimension Increases Special Tender Offer Price for Stratasys Shares to $20.05 per Share In Cash
Nano Dimension Ltd. has extended its special tender offer to Stratasys shareholders and increased the offer price from $18.00 to $20.05 per share in cash. The offer period has been extended until July 24th, 2023. The successful completion of the tender offer would increase Nano Dimensions beneficial ownership of Stratasys to between 46% and 51% of the outstanding ordinary shares. Nano Dimension also reiterated its record preliminary quarterly results, reporting a 43% increase in revenues for Q1/2023 and a 22% year-over-year gross margin growth. The increased offer price represents a premium to all relevant Stratasys historical trading levels.
Acquisition
3D Systems Submits Enhanced Proposal to Combine with Stratasys
4 big deal reports: IBM to buy out Apptio for $5B, per media reports
IBM is close to acquiring cloud-focused software firm Apptio for $5 billion. The deal aligns with IBMs trend of software purchases and is expected to be finalized soon. Eli Lilly is set to acquire biotech company Dice Therapeutics for $2.4 billion. Amazons acquisition of iRobot is facing an EU antitrust investigation. Stratasys has determined that 3D Systems offer to acquire the company is not a Superior Proposal to its agreement with Desktop Metal.
Acquisition
Peugeot Drives New Revolution in Car Interior Design With Stratasys 3DFashion Technology
Zacks Industry Outlook Highlights Logitech International, Stratasys, Immersion and TransAct Technologies
The Zacks Computer-Peripheral Equipment industry is facing challenges due to macroeconomic headwinds and declining demand for computer peripherals. However, companies like Logitech International, Stratasys, Immersion, and TransAct Technologies are well-positioned to benefit from the growing demand for professional gaming accessories, touchscreen and wireless devices, smart glasses, and RFID solutions. The industry is also seeing a solid demand for 3D-printed health equipment. Despite the industrys negative outlook, the Zacks Computer-Peripheral Equipment industry has outperformed the S&P 500 and the broader Zacks Computer and Technology sector. The industry is currently trading at a lower valuation compared to the S&P 500 and the sector. Four stocks to watch in the industry are TransAct Technologies, Immersion, Logitech, and Stratasys.
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Nano Dimension Highlights Leadership Strength and Record of Driving Value Creation for Shareholders
Nano Dimension Ltd. has highlighted the strength of its leadership team and its vision for growth. The company has made a special tender offer for shares in Stratasys Ltd., which, if successful, would increase Nano Dimensions beneficial ownership of Stratasys to between 53% and 55%. The companys management team has a track record of driving value creation through over 80 M&A transactions. Nano Dimensions leadership team includes eight former CEOs and founders, as well as leaders who have held approximately 30 positions as CEO, President, General Manager and/or Chairman over the last 30 years. The companys management has successfully integrated 6 companies in 18 months and harnessed M&A synergies to drive value and growth in revenue, gross margins, and profits.
AcquisitionManagement ChangesInvestment
Stratasys (SSYS) Provides Estimates for Desktop Metal Merger
Stratasys has filed a preliminary Form F-4 with the SEC for its proposed combination with Desktop Metal. The combination will double Stratasys total addressable market for manufacturing by 2027 and significantly improve its offerings in the dental vertical. The combined company is expected to generate revenues of over $1.6 billion and EBITDA of over $300 million in 2026. The transaction is subject to closing conditions and is expected to close in Q4 2023.
Acquisition
Stratasys Urges Shareholders NOT to Tender into Nano Dimension’s Inadequate, Unsolicited, Partial Tender Offer
3D Systems Updates its Shareholders on its Proposal for Stratasys
3D Systems has provided an update to its shareholders regarding its proposal to combine with Stratasys in a cash and stock merger. The combination would result in Stratasys shareholders owning approximately 40% of the combined company and receiving approximately $540 million in cash. 3D Systems believes that the combination offers compelling immediate value, long-term upside, and certainty to close. The proposal represents a value of $19.31 per Stratasys share, a ~30% premium to Stratasys closing share price on May 24, 2023. The company reaffirms the key benefits of the combination, including significant value creation, cost synergies, no financing contingency, high confidence in regulatory clearance, and transactional speed and certainty. 3D Systems is urging Stratasys to engage promptly to reach an agreement on the transaction.
Acquisition
3D Systems Affirms Commitment to Pursuing Combination with Stratasys
Stratasys Files Preliminary Form F-4 and Additional Revenue and EBITDA Estimates for Superior Value Combination with Desktop Metal
Stratasys Board of Directors Unanimously Determines Proposal from 3D Systems Does Not Constitute a Superior Proposal to Its Agreement with Desktop Metal
Stratasys Ltd., a leader in polymer 3D printing solutions, has announced that its Board of Directors has unanimously determined that the unsolicited non-binding indicative proposal from 3D Systems Corporation to acquire Stratasys does not constitute a Superior Proposal and does not provide a basis upon which to enter into discussions with 3D Systems. This decision is pursuant to the terms of the merger agreement with Desktop Metal, Inc. Stratasys entered into a merger agreement with Desktop Metal on May 25, 2023, in which Desktop Metal agreed to combine with Stratasys in an all-stock transaction.
Acquisition
Nano Dimension Chairman & CEO Issues Video Message to Stratasys Shareholders To Highlight Benefits of Its $18 Per Share All-Cash Special Tender Offer
Nano Dimension Ltd. has released a video highlighting the advantages of its special tender offer over Stratasys merger with Desktop Metal and the unsolicited proposal from 3D Systems. Nano Dimensions offer provides certain, near-term cash value to Stratasys shareholders and offers more certainty than the other options. The company is focused on creating lasting value for Stratasys shareholders through improved gross margins, EBITDA, and earnings-per-share profitability. Nano Dimension is calling for a change in leadership at Stratasys and has proposed replacing a majority of the Stratasys Board of Directors with its own nominees. The special tender offer will expire on June 26, 2023.
Management Changes
Why Is Stratasys (SSYS) Up 9.4% Since Last Earnings Report?
Stratasys reported positive Q1 earnings, beating expectations with non-GAAP earnings of 2 cents per share. However, revenues declined 2.6% year over year to $149.4 million due to divestitures and unfavorable foreign currency exchange rates. Product revenues were down 10.7%, while revenues from services decreased 3.9%. The companys non-GAAP gross profit decreased 8.6% to $70.7 million. Stratasys projects revenues between $630 million and $670 million for 2023, with a gross margin between 48% and 49%. The company expects non-GAAP earnings in the range of 12-24 cents per share. Despite a poor Growth Score, Stratasys has a Zacks Rank #3 (Hold).
Customers
Designer Ada Hefetz Transforms Wedding Dress Design with Stratasys’ 3DFashion Technology
Nano Dimension Reaffirms $18 Per Share All-Cash Tender Offer for Stratasys Shareholders to Receive Near-Term Value by Tendering Their Shares
Nano Dimension, the largest shareholder of Stratasys, is seeking to replace seven of Stratasys directors through a special shareholder meeting. Nano Dimension is offering an $18 per share special tender offer to provide near-term premium and all-cash value to Stratasys shareholders. Nano Dimension believes that the current Stratasys Board of Directors is not acting in the best interests of shareholders and is responsible for value destruction. Nano Dimension has approximately $1 billion in cash and cash equivalents to complete the special tender offer. Stratasys shareholders have until June 26, 2023, to tender their shares. Nano Dimension is urging for urgent change and aims to establish itself as a leader in the additive manufacturing market.
Management Changes
Is Stratasys' Deal for Desktop Metal Bad News for Investors?
Nano Dimension Highlights Advantages of Its $18.00 Cash Per Share Special Tender Offer for Stratasys vs. Other Alternatives
Nano Dimension Ltd. has made an all-cash offer to acquire between 38.8% and 40.8% of the outstanding ordinary shares of Stratasys Ltd. for $18.00 per share. The offer is aimed at increasing Nano Dimensions beneficial ownership of Stratasys to between 53% and 55%. The offer is seen as a better alternative to Stratasys merger with Desktop Metal Inc. and the unsolicited proposal from 3D Systems Corp. The tender offer will expire at 11:59 p.m. EDT on Monday, June 26, 2023.
AcquisitionInvestment
Stratasys Mails Letter to Shareholders
Stratasys' (SSYS) FDM Printer Selected by a Motor Racing Team
Stratasys and its reseller partner, TCL Hofmann, have been selected by the Australian motor racing team, Walkinshaw Andretti United, to provide 3D printing technology for their new additive manufacturing hub. Stratasys will install a new Fortus 450mc 3D printer in the TCL HofmannStratasys Smart Manufacturing Hub, which will be located next to the teams vehicle assembly area. The Fortus 450mc is an industrial-grade 3D printer that offers reliability and repeatability for manufacturing tooling and end-use parts. Stratasys has been experiencing growth in demand for 3D-printed materials and has been focusing on product launches and strategic partnerships. The company recently reported better-than-expected financial results for the first quarter of 2023.
Partners
Walkinshaw Andretti United Selects Stratasys FDM as Its 3D Printing Technology of Choice
Israel's Stratasys gets counterbid offer from another US 3D-printing firm
Stratasys, an Israeli 3D-printing firm, has received a counterbid from US rival 3D Systems after entering into a $1.8 billion merger agreement with Desktop Metal. 3D Systems is offering to buy out each Stratasys share for $7.50 in cash and 1.2507 of its newly issued common stock. Stratasys shares rose more than 11% on Friday. If the merger with 3D Systems goes through, Stratasys shareholders would own 40% of the combined company and receive about $540 million in cash. The global market for additive manufacturing is estimated to reach about $76 billion by 2030. Stratasyss clients include General Motors, Google, Tesla, Amazon, and Medtronic.
AcquisitionPublic Trading
Why Stratasys, 3D Systems, and Desktop Metal Stocks All Popped Today
3D Systems Confirms Submission of a Superior Proposal to Combine with Stratasys
3D Systems has submitted a proposal to combine with Stratasys in a cash and stock merger. The combination would create an additive manufacturing industry leader, with Stratasys shareholders owning 40% of the combined company. The proposal provides a value of approximately $25 per Stratasys share, representing a 70% uplift for Stratasys shareholders. The merger promises necessary scale, significant value creation, and an industry-leading financial profile. The combined company is expected to have a pro forma estimated revenue of $1.3 billion in 2024. The proposal is subject to regulatory approvals.
AcquisitionPartners
Stratasys Announces Receipt of Unsolicited Proposal from 3D Systems
UPDATE 3-Stratasys receives $1.21 bln unsolicited buyout proposal from 3D Systems
Stratasys Ltd has received an unsolicited buyout proposal from rival 3D Systems Corp, valuing the company at about $1.21 billion. The proposal could trigger a bidding war as Stratasys has rejected multiple takeover offers from shareholder Nano Dimension Ltd. Stratasys is also looking to merge with Desktop Metal Inc in a $1.8 billion stock deal. 3D Systems has proposed to acquire Stratasys for $7.50 in cash and 1.2507 of its newly issued stock for each share of the target company. Stratasys will carefully review the proposal while the Desktop Metal deal is still expected to close in the fourth quarter of this year.
Acquisition
Stratasys receives $1.21 billion unsolicited buyout proposal from 3D Systems
Stratasys Ltd has received an unsolicited buyout proposal from rival 3D Systems Corp, valuing the company at about $1.21 billion. The proposal could trigger a bidding war as Stratasys has rejected multiple takeover offers from shareholder Nano Dimension Ltd. Stratasys is also looking to merge with Desktop Metal Inc in a $1.8 billion stock deal. 3D Systems has proposed to acquire Stratasys for $7.50 in cash and 1.2507 of its newly issued stock for each share of the target company. Stratasys will review the proposal while the Desktop Metal deal is still expected to close in the fourth quarter of this year. If the deal with 3D Systems goes through, it will bring $100 million in cost synergies.
Acquisition
Top 3D Printing Stocks for 2023
Ansys, Materialise, and Faro Technologies are leading the industry in revenue growth in the 3D printing sector.
CustomersPartners
Nvidia, HP and Ford rise premarket; Big Lots falls
Nvidia stock rose 3.8% as the chipmaker is on track to join the $1 trillion club in terms of market capitalization for the first time. Last week, Nvidia impressed investors with an impressive revenue forecast driven by demand for AI.
Public Trading
Stratasys Board of Directors Unanimously Rejects Nano Dimension’s Partial Tender Offer
UPDATE -- Nano Dimension’s Conference Call: Special Tender Offer to Increase Ownership in Stratasys
Nano Dimension Ltd. will host a conference call to discuss its special tender offer to increase its ownership in Stratasys Ltd. and the issues with the Stratasys-Desktop Metal deal. The special tender offer aims to purchase between 38.8% and 40.8% of Stratasys outstanding ordinary shares for $18.00 per share in cash. Nano Dimension currently owns approximately 14.2% of Stratasys outstanding ordinary shares. The company will also address the alternative deal between Stratasys and Desktop Metal, highlighting its problematic aspects compared to Nano Dimensions offer. The conference call will provide shareholders and stakeholders with more information on both offers.
Acquisition
Desktop Metal, Inc. Adopts Limited Duration Shareholder Rights Plan
What's Going On With Stratasys Stock Today
Stratasys stock is trading higher following Nano Dimensions unsolicited special tender offer to acquire ownership of Stratasys. Stratasys has also agreed to merge with Desktop Metal in an all-stock transaction valued at approximately $1.8 billion. The combined company aims to generate additional cost synergies and achieve adjusted EBITDA margins by 2025. Stratasys shareholders will own approximately 59% of the combined company.
AcquisitionPartners
Stratasys merging with Desktop Metal in $1.8 billion deal | CTech
Stratasys and Desktop Metal are combining in an all-stock merger valued at about $1.8 billion to create a larger global additive manufacturing company. The combined company is projected to generate $1.1 billion in revenue in 2025 and aims to address a total addressable market exceeding $100 billion by 2032. Upon closing, expected in Q4 2023, Stratasys shareholders will hold ~59% and legacy Desktop Metal holders ~41% of the combined firm. Leadership will be Yoav Zeif as CEO and Ric Fulop as Chairman. The deal seeks to unite complementary polymer and metal 3D printing portfolios, leverage sizable R&D and go-to-market capabilities, and accelerate growth across aerospace, automotive, consumer, healthcare and dental markets.
AcquisitionManagement Changes
A big deal for Stratasys - on the way to take over Desktop Metal in a stock deal
3D printer manufacturer Stratasys is reportedly in advanced talks to acquire American company Desktop Metal (DM) in an all-stock deal, according to Bloomberg. The companies may announce the deal this week, but the announcement could be delayed or cancelled. The merged company would be valued at $1.8 billion.
Acquisition
ברחובות מפתחים מדפסת תלת-מימד לשתלי שד רגנרטיביים - Techtime - חדשות אלקטרוניקה והייטק
3D printer manufacturer Stratasys and biotech company CollPlant, both based in Rehovot Science Park, have announced a partnership to develop and market a printer for the industrial-scale production of regenerative breast implants. The development will be based on Stratasys P3 printer and CollPlants biological ink rhCollagen, which produces type 1 collagen, a key building block of tissues and organs in the human body. The partnership aligns with Stratasys strategy to provide complete solutions for high-growth industrial applications.
Partners
Stratasys Acquires Software Company Riven to Streamline Quality Assurance for Production-Scale Additive Manufacturing
יצרנית מכונית המירוץ פרמולה 1 של קבוצת מקלארן מדפיסה בתלת מימד 9000 חלקים בשנה באמצעות הטכנולוגיות של סטרטסיס | New-Tech OnLine
McLaren Racing, the builder of Formula 1 race cars for McLaren Group, has implemented 3D printing technology to save costs and reduce development time for future generation cars. The company is using Stratasys Neo 800 stereolithographic 3D printers to produce around 9,000 parts per year. The use of 3D printed parts has shown optimal results in wind tunnel tests and has significantly reduced production time and expenses. McLarens ownership of 3D printers allows them to create aerodynamic parts in-house without relying on expensive subcontractors. The technology also enables the development of more aerodynamic cars and provides additional innovation and performance improvements. Stratasys 3D printers can produce large or small and complex parts, offering flexibility and cost savings for McLaren.
Expand
Stratasys Completes Merger of MakerBot With Ultimaker
בחזרה אל הירח: טיסת הבכורה של החללית ״אוריון״ כוללת חלקים חיוניים שהודפסו בתלת מימד במערכות של סטרטסיס | New-Tech OnLine
Stratasys, a leader in polymer-based 3D printing solutions, has partnered with Lockheed Martin and Phoenix Analysis & Design Technologies (PADT) to produce parts for NASAs Orion spacecraft. The parts will be made using advanced materials from Stratasys, including a version of the innovative thermoplastic printing material Antero 800NA. The Orion spacecraft is set to launch from the Kennedy Space Center in Florida as part of the Artemis mission, marking a return of humans to the moon.
Partners
Stratasys acquires German materials co Covestro
Israeli 3D printing solutions company Stratasys has signed a definitive agreement to acquire German additive materials company Covestro AG. The acquisition includes R&D facilities, global development and sales teams, a portfolio of additive manufacturing materials, and an extensive IP portfolio. The acquisition is expected to be immediately accretive upon closing and will benefit customers using Stratasys 3D printing platforms. Stratasys aims to accelerate developments in 3D printing materials and provide a comprehensive polymer 3D printing portfolio. The majority of Covestros employees will continue to be based in the Netherlands and the US. Stratasys had $438 million cash in its coffers at the end of the second quarter.
Partners
3D printing company Nano Dimension acquires 12% of Stratasys, raising prospects of hostile takeover CTech
Nano Dimension, an Israeli 3D printer company, announced that it owns 12.12% of the shares of Stratasys, an American-Israeli manufacturer of 3D printers. Nano Dimension raised nearly $1.5 billion in public offerings but currently has a market cap of $850 million. The company also recently acquired Formatec Holding B.V for $12.9 million. Nano Dimensions CEO, Yoav Stern, described the investment in Stratasys as strategic and hinted at the possibility of a potential takeover in the future.
InvestmentAcquisition
סטרטסיס תדפיס חלקי רכב בתלת ממד למכוניות מירוץ נאסקאר - מלכת הכביש
Stratasys, a leader in polymer-based 3D printing solutions, is strengthening its position in the automotive industry through partnerships with NASCAR and car manufacturer Toyota. The company will be producing 3D printed parts for NASCARs Next Gen cars and Toyotas GR86 race car. The partnership with NASCAR will utilize Stratasys H350 3D printer, specifically designed for consistency in production and competitive costs for each printed part. The partnership with Toyota will allow the car manufacturer to use Stratasys 3D printers to produce everything from prototypes to end products and parts for Toyotas GR86 race car.
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Stratasys Named Official 3D Printing Partner of Toyota Racing Development
Stratasys Advances Its Growth Strategy to Lead Industrial Polymer Additive Manufacturing
Stratasys Collaborates With Lockheed Martin to Qualify Material for Space and Aviation End-Use Parts
סטרטסיס הקימה זרוע השקעות, Stratasys Ventures - Techtime - חדשות אלקטרוניקה והייטק
Stratasys has announced the establishment of Stratasys Ventures, a new investment arm that will invest in technology companies that can contribute to the companys growth. The company aims to leverage its strong balance sheet to make strategic investments. In 2021, Stratasys nearly doubled its cash reserves, allowing it to expand its acquisition and investment strategy. The companys revenue in 2021 reached $607.2 million, with 29% coming from the manufacturing sector. Stratasys expects its revenue from this sector to grow by an additional 20% in 2022. The company also sees potential growth in the medical sector, particularly in dental 3D printing. Stratasys has already made several investments in innovative technology companies, such as continuous carbon fiber printing.
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Stratasys Donates Cutting-Edge 3D Printers to Visible Heart Laboratories at University of Minnesota Medical School
סטרטסיס משיקה לשוק הישראלי את ה- H350 - מדפסת תלת מימד לייצור חלקים מוכנים למגוון תעשיות New-Tech OnLine
Stratasys, a global leader in 3D printing solutions, has launched the H350 printer in Israel. The printer is designed for end-product printing, including final components and aids for the industrial process and consumer products in industries such as automotive, computers, infrastructure, electronics, and orthopedics. The printer uses a special polymer, PA11, which is entirely produced from renewable and biological sources, primarily from the castor oil plant. The company believes that the H350 and SAF technology will prove themselves against traditional manufacturing alternatives and other 3D printing solutions.
CustomersExpand
https://www.jpost.com/special-content/stratasys-3d-printing-a-better-tomorrow-691953
Dr. Yoav Zeif, CEO of Stratasys, discusses the impact of 3D printing technology in various industries, including healthcare and manufacturing. He highlights how Stratasys technology has been used in groundbreaking surgeries and in the production of medical supplies during the COVID-19 pandemic. The article emphasizes the versatility, personalization, and sustainability of 3D printing, and how it can revolutionize traditional manufacturing processes. Stratasys has adapted to the challenges posed by the pandemic and has set the company on a path to further growth, completing acquisitions and raising capital. The article promotes the potential of 3D printing to create a more environmentally friendly and efficient production system.
CustomersPartnersInvestmentAcquisitionManagement ChangesExpand
סטרטסיס משיקה פלטפורמת תוכנת קוד פתוח לייצור תעשייתי - IT News
Stratasys has launched GrabCAD, an open 3D printing manufacturing platform that allows organizations to manage the entire industrial 3D manufacturing process. The platform is designed specifically for the unique needs of 3D manufacturing and integrates well with the infrastructure of Industry 4.0 and other organizational applications. The software market for additive manufacturing is estimated to reach $3.3 billion by 2026. Stratasys position in the additive manufacturing industry and its relationships with leading companies will help the company maintain its central role in the 3D printing platform. The GrabCAD platform currently has over 38,000 users and 20,000 printers, processing over 35 GB of data daily.
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Stratasys Collaborates With Adobe SME Media
Stratasys has announced a collaboration with Adobe to provide a workflow for artists and engineers using Adobe Substance 3D Painter to easily turn digital 3D renderings into 3D-printed models using Stratasys PolyJet 3D printing technology. This collaboration eliminates the need for additional software or outside processes. Substance software can be used to create product prototypes and package designs that can then be translated to 3D printed objects on Stratasys PolyJet printers. The collaboration allows artists and designers to see their designs come to life in a realistic way. This collaboration is expected to have a positive impact on Stratasys growth.
Partners
Stratasys acquires remaining shares of Xaar 3D after Selective Absorption Fusion launch
Stratasys has acquired all remaining shares of Xaar 3D, a company that developed the Selective Absorption Fusion (SAF) technology. This acquisition allows Stratasys to further develop SAF technology and expand its portfolio of polymer 3D printing systems. The SAF technology is expected to be suitable for applications in the automotive, consumer goods, and electronics industries. Stratasys aims to be a leading provider of production-scale polymer 3D printing. Xaar will continue to receive royalties on product and service sales and supply print heads to Xaar 3D. The acquisition is a growth-positive move for Stratasys.
Acquisition
Stratasys expands 3D printed anatomical modeling efforts ZDNet
Stratasys is expanding its healthcare offerings to include anatomical modeling and consulting services. The company has created a Healthcare Print Center with 3D printers for creating medical and anatomical models. Stratasys has also outlined new materials for additive manufacturing and announced an expanded software partner ecosystem. The company aims to produce models for use cases not accommodated by cadavers or animals, and it has already printed over 1,000 models during a beta service for medical device manufacturers. Stratasys is experiencing growth in the healthcare market, which is a leading growth market for 3D printing companies.
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U.S. Navy to purchase up to 25 Stratasys F900 3D printers
The U.S. Navy has awarded Stratasys a $20 million contract to purchase up to 25 Stratasys F900 3D printers over the next five years. The contract aims to modernize national defense systems and enhance warfighting innovation and capability. The printers will be used to produce end-use parts, tooling, and training aids, as well as to maintain the Navys fleet of aircraft across bases worldwide. This contract is the largest government project for Stratasys to-date, expanding the companys presence in the U.S. government.
Customers
Stratasys Introduces New PolyJet 3D Printing Solutions to Inject Superior Design Capabilities
הכנסות של 134 מיליון דולר לסטרטסיס ברבעון הראשון
סטרטסיס, a 3D printing company, reported higher-than-expected revenues and a net loss in line with expectations for the first quarter. While the growth in the quarter was modest, the company expects a higher growth rate in the second quarter. The companys gross margin on a non-GAAP basis was lower than the previous quarter, but it managed to reduce its operating loss. The company also provided an outlook for the second quarter, forecasting revenue growth of around 15%. In addition, the company expects its operating expenses to increase in the annual level due to the return of employees to full-time work and recent acquisitions. The CEO expressed satisfaction with the companys performance and stated that the industry is transitioning from printing prototypes to full-scale production. סטרטסיס is traded on NASDAQ with a valuation of $1.3 billion.
Customers
לאחר פרסום הדוחות: סטרטסיס מגייסת כ-200 מיליון דולר
3D printing company, סטרטסיס, is raising $200 million through a public offering. The company will issue approximately 6.9 million shares at a price of $29 per share. J.P Morgan and Stifel are the lead underwriters for the offering. סטרטסיס reported revenues of $142 million in the last quarter, surpassing analysts expectations. The company ended 2020 with a decline in revenues and a net loss. סטרטסיס recently acquired two companies, Origin and RPS.
Investment
סטרטסיס עקפה את התחזיות: רווח נקי של 7 מיליון דולר ברבעון
3D printing company Stratasys exceeded analysts expectations in its Q4 reports, recording revenues of approximately $142 million, compared to the expected $135 million. The company ended 2020 with a 18.1% decrease in revenues, amounting to around $521 million. Stratasys recently announced the acquisition of two companies, Origin from the US in a deal worth up to $100 million, and RPS from the UK for an undisclosed sum. Looking ahead, Stratasys expects Q1 2021 revenues to be similar to Q1 2020, which totalled around $133 million.
Acquisition
Stratasys acquires UK 3D printing co RP Support
Stratasys Inc., an Israeli polymer 3D solutions company, has acquired UK-based RP Support (RPS), a stereo-lithography 3D printing company. The financial details of the acquisition were not disclosed. Stratasys expects the acquisition to have a positive impact on revenue and earnings by the end of 2021. The company plans to integrate its GrabCAD Print workflow software into RPS Neo line of 3D printers. Stratasys aims to provide its global customers with a complete polymer 3D printing portfolio. Williams Racing, a British Formula 1 racing team, recently acquired multiple Neo 800 3D printers from RPS. Stratasys share price has risen significantly in recent months. The company has a market cap of $2.5 billion.
Acquisition
לאחר זינוק המניה: מנכ"ל סטרטסיס חושב שהצמיחה עוד לפניה
In February, Yoav Zeif became the CEO of 3D printing company Stratasys, just as the COVID-19 pandemic began to spread globally. Despite the challenges, Zeif sees the crisis as an opportunity for the company to rebuild its foundations. Stratasys has been printing disposable masks and components for ventilators in collaboration with companies like Google, Boeing, and Toyota. The company has also recently acquired Origin, a US-based company that has developed a technology that allows a printer to control various material variables. Despite a decrease in revenue in 2019 and the first three quarters of 2020, Zeif is optimistic about the companys future.
AcquisitionManagement ChangesLayoffs
Stratasys buys US 3D print startup Origin for $100m
Israeli 3D printing company Stratasys Inc. has signed an agreement to acquire San Francisco-based 3D printing start-up Origin Inc. for up to $100 million in cash and stock. The merger will enable Stratasys to expand its presence in the fast-growing mass production parts segment with a next-generation photopolymer platform. Stratasys expects Origins technology to add up to $200 million in annual revenue within five years. The acquisition will strengthen Stratasys position in polymers and production applications of 3D printing in various industries. The deal is expected to close in January 2021.
AcquisitionExpand
Stratasys and nTopology Join Forces to Simplify 3D Printed Jigs 3D Printing Progress
The article discusses various developments in the 3D printing industry, including the growth of the polymer 3D printing market, the integration of electronic functionality in devices, and the progression of graphene batteries. It also mentions the increasing demand for smart surfaces in various applications and the challenges in manufacturing these surfaces. The article also highlights the consolidation seen among graphene manufacturers and the potential of the graphene industry in 2023. Furthermore, it mentions Evoniks investment in SuperC, a graphene manufacturer.
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Stratasys moving beyond tooling
General Motors has invested in 17 production-grade FDM printers from Stratasys Ltd. for 3D-printed tooling. The printers will be used for a variety of functional prototypes, end-use parts, and lightweight tooling applications. Stratasys has also been pushing the envelope in terms of multimaterial, multicolor printing capabilities with its J55 3D printer. The article also mentions partnerships and acquisitions involving other companies in the 3D printing industry, including 3Dologie and Ultimaker, Nexa3D, Constellium SE, Xometry and ExOne, and FATHOM and GPI Prototype & Manufacturing Services.
InvestmentPartnersAcquisition
GM Accelerates 3D Printing Capability With Stratasys for Business Agility and Efficiency
Israeli 3D printing co Stratasys sheds 10% of work force
Israeli 3D printing company Stratasys Inc. is reducing its global workforce by 10% in order to cut costs. The company expects the layoffs and other cost-cutting measures to reduce annual expenditure by $30 million. The layoffs will result in a charge of $6 million in severance costs. Stratasys CEO Yoav Zeif stated that this step is necessary for the companys sustainable and profitable growth. The layoffs are not expected to affect the progress on the companys forthcoming product launch plans. Stratasys share price has been down 11% since the start of 2020 but increased by 9.12% to $19.63, resulting in a market cap of $1.07 billion.
Layoffs
MakerBot launches Method Carbon Fiber 3D printers
MakerBot has launched two new 3D printing platforms, the Method Carbon Fiber and the Method X Carbon Fiber, as part of its bid to make composite 3D printing more accessible. The platforms, which are designed to enable engineers to print stronger and more accurate parts, are available to order immediately for $4,999 and $6,499 respectively. The company has also launched a new Nylon Carbon Fiber material, which is said to be an ideal lightweight alternative to metal for structural components. Shipping of the new products is expected to commence next month.
CustomersExpand
Stratasys Introduces J55 PolyJet 3D Printer - An Affordable Solution To Produce Full-Colour Parts - Manufactur3D
Stratasys Ltd. has introduced the J55 PolyJet™ 3D printer, a more affordable solution for rapid manufacturing of full-color parts. The printer provides high-fidelity realism and supports the full design process with same-day send-to-print and minimal post-processing. It features a maximum build volume size of 1,340 cubic inches and takes up minimal floor space. The J55 PolyJet™ 3D printer is priced at one-third the price of enterprise-class PolyJet™ printers and offers nearly 500,000 colors, PANTONE™ Validation, realistic textures, and transparency in one printed part. Stratasys has also simplified the design-to-print workflow by integrating GrabCAD Print™ software and adding support for 3MF color workflow with KeyShot® 3D rendering software. The J55 PolyJet™ 3D printer is expected to ship in July 2020.
Customers
Stratasys, Origin and millions of 3D-printed nasopharyngeal swabs
The article does not provide any information about a specific company or event.
3D Printing Company Stratasys Appoints Yoav Zeif as CEO
Stratasys Ltd. has appointed Yoav Zeif as the new CEO, effective February 2020. The companys interim CEO, Elchanan Jaglom, will continue to serve as chairman. Yoav Zeif has previously held executive positions at Netafim Ltd. and Adama Ltd. Stratasys manufactures 3D printers and production systems for various industries and is headquartered in Minneapolis, Minnesota and Rehovot, Israel.
Management Changes
Bombardier buys Stratasys 3D printer for train parts
German-based manufacturer Bombardier Transportation will utilize Stratasys Inc.s large-scale industrial-grade Stratasys F900 3D Printer for producing final end-use rail parts, manufacturing tools, and prototypes for trains and trams in German-speaking countries. The printer will be installed at Bombardier Transportations manufacturing site in Hennigsdorf, Germany, and will help accelerate and customize rail part production, reduce inventory costs, and increase production flexibility. The 3D printed rail parts will primarily support the production demands of German, Swiss, and Austrian rail and tram companies. Stratasys Inc. sees this partnership as an opportunity to enhance and replace traditional manufacturing in the mobility sector.
Partners
Stratasys and Eckhart Sign Agreement with Exclusive Rights to Accelerate 3D Printing Adoption for Factory Tools
Stratasys, a global leader in applied additive technology solutions, and Eckhart, Inc., a provider of advanced manufacturing solutions, have announced a three-year exclusive collaboration agreement to advance the adoption of 3D printing for factory tooling in North America. The partnership aims to replace existing metal tools with 3D printed equivalents, leveraging the unique capabilities of additive manufacturing to innovate in weight-savings, simplified bills-of-material, and enhanced operator visibility. The collaboration is also aimed at promoting the adoption of Industry 4.0 and the use of micro sensors in 3D printed tools to enable the smart factories of the future.
Partners
Stratasys Introduces Continuous 3D Printing Prototype
Stratasys introduced a prototype of a 3D printing system called the Continuous Build 3D Demonstrator, aimed at expanding its presence in industrial production. The system consists of cells with three printers each and is highly automated and cloud-connected. Stratasys has placed prototypes at various companies and academic institutions for testing and feedback. The company also announced an expanded partnership with Desktop Metal, where Stratasys resellers will represent Desktop Metal products alongside Stratasys offerings. Stratasys had previously invested in Desktop Metal. The article does not mention any specific customers, valuation amount, acquisition amount, investment amount, or layoffs. The event described in the article took place at the RAPID + TCT Show in Pittsburgh.
PartnersExpand
Stratasys Launches FDM-based F123 Series 3D Printer
Stratasys Ltd. has unveiled the new F123 Series, a line of 3D printers designed for rapid prototyping in workgroups. The F123 Series is aimed at addressing the needs of design workgroups in various industries, offering accessibility, ease of use, and a range of functional materials. The printers are capable of producing durable and accurate prototypes, allowing for thorough evaluation and endorsement before manufacturing. The F123 Series is designed for office and classroom environments, with an enhanced user experience and a touch screen interface. Stratasys also announced a GrabCAD Print add-in for SOLIDWORKS, allowing users to estimate and 3D print parts without leaving the SOLIDWORKS environment. The F123 Series is available in three models with different build sizes and accepts up to four material types in 10 colors.
Customers
Stratasys Accelerates Adoption of 3D Printing in Healthcare, Unveils New Collaborations and Customer Demonstrations at RSNA 2016 ManufacturingTomorrow
Stratasys has expanded its presence in healthcare by unveiling new industry collaborations and customer demonstrations at RSNA 2016. The company is teaming up with Vital Images, Inc. to speed up medical-based deployments of 3D printing technology. Stratasys is also supporting the launch of the Radiological Society of North Americas (RSNA) new 3D printing Special Interest Group (SIG) by participating in the first business meeting. The SIG aims to provide a forum for collaboration among radiologists, physicians, engineers, and other applied scientists. Stratasys is a thought leader and innovator in 3D printing for healthcare applications, enabling doctors, researchers, and medical device manufacturers to work smarter and faster.
PartnersCustomers
Stratasys CEO David Reis to step down
David Reis is stepping down as CEO of 3D printing company Stratasys, effective June 30, 2016. During his tenure, Reis led the successful merger and integration of Stratasys and Objet, and oversaw strong growth for the company. He also initiated a business transformation to target new manufacturing applications. Reis will remain on the board as an Executive Director. Ilan Levin, a member of the board and executive committee, will take over as CEO on July 1. The board is confident in Levins understanding of the companys business and strategy.
Management Changes
Stratasys CBO Joshua Claman to Present at Innovation Forum
Stratasys Ltd.s chief business officer, Joshua Claman, will participate as a speaker at The Economist Events annual Innovation Forum. The forum will discuss the impact of innovation on established companies and explore topics such as 3D printing, global supply chain, and local manufacture. The event aims to envision the company of the future and how companies can achieve transformations for future success. Stratasys, a leading 3D printing and additive manufacturing solutions company, is positioned to benefit from the discussions and advancements in the industry. The forum will be chaired by The Economists China Business and Finance Editor and will bring together industry leaders from various sectors. The event will take place in Chicago.
CustomersPartners
https://3dprint.com/1952/stratasys-to-acquire-solid-concepts-and-harvest-technologies/
3D printing company Stratasys has announced the acquisition of two companies, Solid Concepts and Harvest Technologies. Solid Concepts, the largest dedicated provider of 3D printing, rapid prototyping, tooling and injection molding services in North America, will be acquired for a total of $295 million. The terms of the acquisition of Harvest Technologies, a full-service rapid prototyping and manufacturing service provider, were not disclosed. Stratasys plans to combine these two new companies with their existing digital manufacturing service business, Redeye, to form a major additive manufacturing outsourcing business.
Acquisition
Stratasys teams with Opel to print assembly tools
General Motors German carmaker Opel has partnered with Israeli 3D printing company Stratasys to reduce manufacturing tool production costs by 90%. Opel is using Stratasyss 3D printers to 3D print a range of manufacturing and assembly tools for its iconic Adam hatchback car. The use of 3D printing has allowed Opel to produce more complex shapes and customize tools efficiently. This has improved production efficiency and reduced costs. The partnership with Stratasys highlights the impact of additive manufacturing on production operations.
Customers
Stratasys introduces 3D printer for dental labs
Stratasys Inc. has introduced the Objet500 Dental Selection 3D Printer for larger dental and orthodontic labs that require volume production of highly precise, life-like models. The new 3D printer brings high throughput to Stratasys exclusive multi-color, multi-material dental modeling.
Customers
Stratasys Sees Sharply Wider Quarterly Loss on MakerBot Write-Off
Stratasys Acquiring MakerBot In $403M Deal, Combined Company Will Likely Dominate 3D Printing Industry
Stratasys has acquired MakerBot in a stock deal worth $403 million. The acquisition brings together a leader in 3D industrial printing with the emerging leader in desktop 3D printing. MakerBot will continue to operate as a separate company under Stratasys. Stratasys is focused on the industrial market, while MakerBot will serve the consumer and desktop market segment. Stratasys aims to aggressively own the 3D printing space and the acquisition of MakerBot is a consumer-focused move. MakerBot will benefit from Stratasys industry experience, access to new technology, engineering talent, and marketing resources. The acquisition is expected to drive faster adoption of 3D printing across all categories.
Acquisition