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SSYS revenues suffer due to high interest rates, macroeconomic uncertainties and reduced capital equipment spending.
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys (NASDAQ: SSYS) announced today that it has already received more than 30 orders for its advanced F3300™ industrial 3D printer since its launch. Orders have come from leading companies across automotive, aerospace and defense markets, along with commercial and industrial manufacturers. This milestone highlights how Stratasys is partnering with customers to drive increased adoption of additive manufacturing solutions, thereby lever.
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS), announced today it is participating in the upcoming International Manufacturing Technology Show (IMTS) with the launch of a new technologically advanced printer, keynote address and dynamic booth presence showcasing a championship IndyCar race car produced in part with Stratasys technologies. Stratasys will unveil its new Origin® Two photopolymer printer on Monday, September 9th at 2:30 p.m., Central Time at.
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys (NASDAQ: SSYS), today announced the availability of the Origin® Two DLP printer in tandem with its own post-processing system, the Origin Cure™. This solution addresses the growing demand among manufacturers for injection-molding quality for short production runs, delivering a level of accuracy, repeatability, and surface finish previously unattainable with additive manufacturing. Traditional high-volume manufacturing is under pr.
Stratasys' second-quarter results reflect the negative impacts of divestitures and unfavorable currency exchange rates.
Stratasys Ltd. SSYS reported worse-than-expected second-quarter sales and cut its FY24 guidance on Thursday.
Stratasys reported weaker-than-expected sales but a smaller loss than feared in Q2. Management plans to restructure the company and lay off 15% of its workforce.
Stratasys Ltd. (NASDAQ:SSYS ) Q2 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants Yonah Lloyd - Chief Communications Officer and VP, IR Yoav Zeif - CEO Eitan Zamir - CFO Conference Call Participants Greg Palm - Craig Hallum James Ricchiuti - Needham & Company Troy Jensen - Cantor Fitzgerald Jacob Stephan - Lake Street Capital Markets Brian Drab - William Blair Ananda Baruah - Loop Capital Markets Operator Hello, and welcome to the Stratasys' Q2 2024 Earnings Call and Webcast.
Stratasys (SSYS) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago.
Forex headwinds and divestment of certain businesses are likely to have hurt SSYS' Q2 top line despite product updates and launches.