Tag Archives: ssys

Stratasys Dives On Earnings, Outlook As 3D Woes Mount

3D printer maker Stratasys (SSYS) announced preliminary first quarter results and 2015 guidance after the market close Tuesday that were far below expectations. Stratasys expects to report first quarter revenue in the range of $171 to $173 million, well below the consensus estimate of $199 million, among analysts polled by Thomson Reuters. The company expects earnings per share minus items of 2-4 cents. The consensus was 28 cents. Stratasys stock

3D Printer Market Slowed Near End of First Quarter

The 3D printer industry experienced a sales slowdown in the first quarter, with much more aggressive sales tactics and creative financing used at the end of the quarter, according to a new survey. Piper Jaffray collected feedback from 62 3D printing resellers and service bureau operators, of which 82% were in North America. The report was skewed toward Stratasys (SSYS) and 3D Systems (DDD), the two largest providers of 3D printers by revenue. The

Stratasys Buy Rating Reiterated, But Price Target Cut

Canaccord Genuity on Wednesday reiterated a buy rating on Stratasys (SSYS) stock, citing strength in its core technology, but cut its price target on the 3D printer maker. Stratasys sales growth has slowed the past three quarters, and its year-over-year EPS has fallen in three of the past five quarters. Still, its investments should begin to produce results in the latter half of this year and in 2016, Canaccord analyst Bobby Burleson said in a