Stratasys (SSYS) was downgraded by several analysts after the 3D printer maker late Monday gave preliminary fourth-quarter earnings and a 2015 outlook that fell far short of expectations. Stratasys followed up with a conference call with analysts Tuesday morning. “We were absolutely stunned by Stratasys’ preliminary announcement and 2015 guidance press release,” wrote Troy Jensen, an analyst at Piper Jaffray, in a research note. Stratasys stock
Just in time for Thanksgiving dinner, domestic diva Martha Stewart has teamed with 3D printer maker Stratasys (SSYS) to let people make custom napkin rings, coasters and other table trinkets in her signature colors. Martha Stewart Living Omnimedia (MSO) on Monday announced an exclusive agreement with MakerBot, a unit of Stratasys, to distribute 3D printing materials and develop 3D printable designs. As part of the collaboration, MakerBot will distribute a collection of Martha Stewart-branded PLA plastic filament to make 3D printed objects. The Martha Stewart for MakerBot Filament initially will come in three colors: Lemon Drop, Robin’s Egg and Jadeite. That’s light yellow, blue and green to the unsophisticated. The first 3D printed objects available from the MakerBot online store as part of the arrangement are a napkin ring, coaster, place card holder and flameless LED votive candle holder. They are part of the Martha Stewart Trellis Collection. Individual item…
Stratasys (SSYS) lowered its 2014 earnings forecast early Wednesday, triggering a sell-off of 3D printer stocks. The company’s Q3 earnings and sales, however, beat Wall Street expectations. Stratasys stock was down 12% in early afternoon trading in the stock market today, near 107 and earlier touching a three-month low just above 103. Shares of fellow 3D printer makers 3D Systems (DDD), ExOne (XONE) and Voxeljet (VJET) were all down 5% in early