Investors Business Daily reports that Stratasys (Nasdaq: SYSS), which has headquarters in Israell and Eden Prairie, expects revenue of $166 million to $168 million, down sharply from a year ago; analysts had predicted sales of $184.6 million. On the bottom…
1. The company is waiting for more applications before entering the metal AM industry. While company is actively investigating metal technology options, management does not believe they would not be able to profitably sell metal AM equipment. 2. While the…
According to the press release, Stratasys will pay up to $295M for Solid Concepts, a company with $65M in revenue in 2013. Solid Concepts has six service centers within the US and another based in Shenzen, China, meaning Stratasys’ acquisition…
CEO since 2011, Meg Whitman of HP (HPQ) announced the company’s plans to enter the 3D printing market in 2014. After the announcement, Stratasys’ and 3D Systems’ stock prices lowered, but quickly bounced back. It seems the market will welcome…
