Tag Archives: ddd

3D Systems, Stratasys To Report Earnings At Hard Time

The two largest manufacturers of 3D printers, Stratasys (SSYS) and 3D Systems (DDD), are to report earnings Wednesday morning, with expectations of more turmoil in a troubled market. 3D Systems on Thursday announced the resignation of president and CEO Avi Reichental, who led the company for 12 years. The resignation was preceded by Stratasys revealing preliminary third-quarter earnings estimates well below Wall Street expectations. It was the

3D Systems CEO Departs As 3D Printer Woes Continue

Troubled 3D Systems (DDD) announced the resignation of president and CEO Avi Reichental, one week before the maker of 3D printers is set to report third-quarter earnings. The announcement came Thursday morning and was effective Wednesday at the close of business. Reichental held the position for 12 years. Taking his place on an interim basis is Andrew Johnson, the company’s chief legal officer. “The company’s board of directors will immediately

Stratasys Guides Lower As 3D Printer Woes Continue

Weakness in the 3D printer market emerged again as Stratasys (SSYS), late Thursday reported preliminary third-quarter earnings estimates well below Wall Street expectations. It’s the second quarter in a row that the maker of 3D printers has cut guidance. The other large 3D printer provider, 3D Systems (DDD), this year also has lowered guidance. Stratasys said it expects revenue of $166 million to $168 million, well below the analyst consensus