New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 7, 2014
11:05 EDTMTLS, DDD, XONE, SSYS3D printer makers advance after Stratasys' beat and raise report
Shares of 3D printer makers are climbing after one of the companies in the sector, Stratasys (SSYS), reported stronger than expected second quarter results and raised its guidance. WHAT'S NEW: This morning, Stratasys reported Q2 earnings per share of 55c, versus analysts' consensus estimate of 45c. The company's revenue came in at $178.5M, versus the consensus outlook of $156.6M. Moreover, Stratasys increased its fiscal 2014 EPS guidance to $2.25-$2.35 from $2.15-$2.25. Analysts' consensus estimate was $2.20. The 3D printer maker hiked its full-year revenue guidance to $750M-$770M from $660M-$680M, versus the consensus outlook of $685M. "We expect our positive momentum to continue as we begin 2H14. Reflecting our favorable outlook, we are increasing our projection for organic revenue growth in 2014 to at least 30%, and we are raising our financial guidance accordingly," Staratasys stated. ANALYST REACTION: In a note to investors, Piper Jaffray analyst Troy Jensen wrote that Stratasys' results were "solid." The analyst continues to believe that the 3D printing space offers one of the best growth opportunities of any sector. Jensen recommended that investors be exposed to the sector. He kept an Overweight rating on Stratasys, but continues to recommend that investors avoid another name in the sector, 3D Systems (DDD). A third 3D printer maker, Materialise (MTLS), "could be really interesting," according to Jensen. PRICE ACTION: In mid-morning trading, Stratsys surged 20% to $118.57. Meanwhile, 3D Systems gained 3.5% to $49.44, Materialise rose 6.5% to $12.11 and another 3D printer maker, ExOne (XONE), gained 8.3% to $32.39.
News For SSYS;DDD;MTLS;XONE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 9, 2015
08:28 EDTSSYSStratasys subsidiary MakerBot reducing staff by 20% globally
Subscribe for More Information
October 6, 2015
12:29 EDTSSYSPrimecap reports 5.l5% passive stake in Stratasys
Subscribe for More Information
09:01 EDTSSYSStratasys, Adobe partner to bring 3D printing to creative professionals
Stratasys Ltd. (SSYS) announced that they are partnering with Adobe (ADBE) to bring high quality, color 3D printing to creatives around the world. The announcement was made today in Los Angeles at Adobe MAX. The two companies are joining forces to eliminate the workflow and product barriers that prevent creative professionals from easily transforming their designs into vibrant and durable color 3D printed models. As the first step of this vision, starting immediately, Adobe Photoshop CC users will be able to send 3D files for production through Stratasys Direct Express.
October 5, 2015
09:05 EDTDDD3D Systems announces partnership with Penn State
Subscribe for More Information
September 30, 2015
09:47 EDTSSYSStratasys management to meet with Oppenheimer
Group luncheon to be held in New York on October 6 hosted by Oppenheimer.
08:04 EDTMTLSMaterialise announces expansion of collaboration with Lima Corporate
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use