Profile
Sector:
TechnologyIndustry:
Computer HardwareCountry:
United StatesIPO:
21 October 1994Website:
http://www.stratasys.comNext earnings report:
07 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 00:54:45 GMTDividend
Analysts recommendations
Institutional Ownership
SSYS Latest News
Stratasys Ltd.'s Q3 results show improved efficiency but lack top-line growth, raising concerns about the company's profitability and future demand for its printers. Despite beating EPS estimates and improving margins, the company's revenue continues to decline, with a 13.6% y/y drop in Q3. The company's restructuring efforts have improved operational efficiency, but without a rebound in demand, further cost-cutting may not sustain profitability.
SSYS' third-quarter results reflect the negative impacts of the current macroeconomic environment on customer capital equipment spending.
Stratasys Ltd. (NASDAQ:SSYS ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Yonah Lloyd - Chief Communications Officer & VP, IR Yoav Zeif - Chief Executive Officer Eitan Zamir - Chief Financial Officer Conference Call Participants Jim Ricchiuti - Needham & Company Troy Jensen - Cantor Fitzgerald Greg Palm - Craig-Hallum Brian Drab - William Blair Jacob Stephan - Lake Street Capital Alek Valero - Loop Capital Markets Operator Greetings, and welcome to the Stratasys Q3 2024 Earnings Conference Call and Webcast.
Stratasys (SSYS) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.04 per share a year ago.
Stratasys (SSYS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”) today announced that it will hold its 2024 Annual General Meeting of Shareholders (the “Meeting”) on Thursday, November 7, 2024, at 3:00 p.m. Israel time, at Meitar Law Offices, 16 Abba Hillel Road, 10th floor, Ramat Gan 5250608, Israel. The record date for shareholders entitled to vote at the Meeting is Monday, September 30, 2024. The agenda for the Meeting is as follows: 1. Re-.
SSYS revenues suffer due to high interest rates, macroeconomic uncertainties and reduced capital equipment spending.
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.
Stratasys' second-quarter results reflect the negative impacts of divestitures and unfavorable currency exchange rates.
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.
What type of business is Stratasys?
Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare. The company provides consumable materials, including 3D printing materials comprising FDM, polyjet, and stereolithography materials for manufacturing applications, such as jigs and fixtures, investment casting, and injection mold or composite tooling applications; and other material. In addition, it offers software and services, which includes cloud, desktop and mobile technologies comprising GrabCAD, an additive manufacturing platform to manage production-scale operations; and GrabCAD Print, job programming software enables the unique features of 3D printing technologies, such as creating lightweight, structurally sound infills for FDM, and multi-material and color and material management for polyjet. The company also provides GrabCAD Shop including scheduling, remote monitoring, and analytics; GrabCAD Connect provides two-way SDK integration for third-party software applications; and GrabCAD Community, an online community of professional engineers, designers, manufacturers and students who share their practices through tutorials, discussion forums, design/print challenges, and 3D content. Further, it offers GrabCAD Shop, which simplifies 3D printing shop workflow; GrabCAD Streamline Software Development Kit (SDK) to support enterprise goals such as system connectivity, compliance, and workflow automation; and Grab CAD Software Partner program for independent software vendors. The company sells its products through a network of resellers and independent sales agents worldwide. Stratasys Ltd. is headquartered in Eden Prairie, Minnesota.
What sector is Stratasys in?
Stratasys is in the Technology sector
What industry is Stratasys in?
Stratasys is in the Computer Hardware industry
What country is Stratasys from?
Stratasys is headquartered in United States
When did Stratasys go public?
Stratasys initial public offering (IPO) was on 21 October 1994
What is Stratasys website?
https://www.stratasys.com
Is Stratasys in the S&P 500?
No, Stratasys is not included in the S&P 500 index
Is Stratasys in the NASDAQ 100?
No, Stratasys is not included in the NASDAQ 100 index
Is Stratasys in the Dow Jones?
No, Stratasys is not included in the Dow Jones index
When was Stratasys the previous earnings report?
No data
When does Stratasys earnings report?
The next expected earnings date for Stratasys is 07 March 2025