Welcome to our dedicated page for Stratasys news (Ticker: SSYS), a resource for investors and traders seeking the latest updates and insights on Stratasys stock.
Stratasys Ltd. (NASDAQ: SSYS) is frequently in the news for developments in polymer-based 3D printing and additive manufacturing across aerospace, automotive, healthcare, and industrial markets. Its announcements highlight how smart, connected 3D printers, polymer materials, and a supporting software ecosystem are applied in real-world production and prototyping environments.
Recent news has showcased industrial and automotive applications, such as Subaru of America’s use of the Stratasys F770 printer with the T25 High Speed Head to cut tooling development time and reduce prototyping costs. In aerospace, Stratasys reports that Airbus produces certified flight-ready parts using ULTEM 9085 filament CG on industrial FDM printers, with thousands of parts already in service on aircraft models including the A320, A350, and A400M.
Healthcare-focused stories emphasize Digital Anatomy technology and specialized materials. Stratasys has announced full U.S. availability of its RadioMatrix radiopaque material, enabling CT and X-ray-visible models for imaging research, training, and device testing. Other coverage describes Digital Anatomy-based eye models for eyelid surgery training in Europe, supporting lifelike, repeatable surgical education.
Stratasys news also covers software and ecosystem partnerships, such as the integration of Novineer’s NoviPath performance simulation with GrabCAD Print Pro, and its collaboration with Tritone Technologies to add metal and ceramic capabilities. Additional updates include participation in defense exercises like Trident Warrior 25, where distributed manufacturing with Stratasys printers and Stratasys Direct on-demand production supported U.S. Navy operations.
On this SSYS news page, readers can follow earnings releases, product and material launches, strategic collaborations, and sector-specific case studies that illustrate how Stratasys technologies are used in production and training. Investors, engineers, and industry professionals can use this feed to monitor ongoing developments in Stratasys’ additive manufacturing activities.
Stratasys Ltd. (SSYS) reported its fourth quarter 2022 revenue at $159.3 million, down 4.6% year-on-year, but adjusted for divestitures, it rose 1.7%. The company posted a GAAP net loss of $2.4 million or $0.04 per diluted share, while non-GAAP net income was $4.6 million, or $0.07 per share. For the full year, revenue increased 7.3% to $651.5 million, with a GAAP net loss of $29 million, or $0.44 per share. Cash and equivalents totaled $327.8 million with no debt. The company has provided a 2023 revenue guidance of $620 million to $670 million amid challenging market conditions.
Stratasys (NASDAQ: SSYS) has announced a collaboration with Ricoh USA to enhance access to 3D-printed anatomic models for clinical use. This partnership integrates Stratasys’ Patient-Specific 3D Solutions and Axial3D's cloud-based Segmentation-as-a-Service to streamline the process of creating patient-specific models. By eliminating the need for up-front investments in 3D printing technology, this initiative aims to improve surgical planning and outcomes while reducing costs. The new service will be available from March 3, 2023, enabling faster production times from weeks to days.
Stratasys has announced the launch of TrueDent™, its first FDA-cleared medical device, aimed at transforming the dental industry. The new 3D printing resin allows the creation of permanent, high-fidelity polychromatic dentures, simplifying the production process. TrueDent is specifically designed for use with the Stratasys J5 DentaJet printer and eliminates common barriers in denture fabrication, such as lengthy office visits and fittings. With the denture market valued at $5.5 billion, the introduction of this scalable, digital solution positions Stratasys to meet growing demand effectively.
Stratasys Ltd (NASDAQ: SSYS) is set to release its financial results for the fourth quarter and full year ending December 31, 2022 on March 2, 2023, at 8:30 a.m. ET. A conference call will follow to discuss these results. Investors can join via Stratasys' investor website or participate by phone using the U.S. toll-free number 877-407-0619 or international number +1-412-902-1012. Stratasys continues to lead in 3D printing solutions across multiple sectors, including aerospace and healthcare, emphasizing its innovative contributions to the manufacturing and product design processes.
Stratasys Ltd. (NASDAQ: SSYS) has announced that its CFO, Eitan Zamir, will participate in a fireside chat at the 25th Annual Needham Growth Conference in New York on January 10, 2023, at 8:45 a.m. ET. This event will be available via live webcast and archived for 180 days, allowing investors and stakeholders to access the discussion. Stratasys is a leader in polymer 3D printing, providing solutions for various industries, including aerospace and healthcare, enhancing product design and manufacturing agility.
Stratasys Ltd. (NASDAQ: SSYS) has appointed Christian Alvarez as the new Chief Revenue Officer, effective immediately. Alvarez, with nearly three decades of experience, will enhance go-to-market strategies for Stratasys, focused on customer satisfaction and retention. His previous roles include Senior VP of Worldwide Channel Sales at Nutanix and several leadership positions at Juniper Networks. CEO Dr. Yoav Zeif expressed confidence in Alvarez's ability to drive growth in the polymer 3D printing sector.
Stratasys Ltd. (SSYS) reported a 2.0% rise in consolidated revenues for Q3 2022, totaling $162.2 million. Adjusted revenue increased by 7.8% on a constant currency basis. The company achieved a GAAP net income of $18.7 million ($0.28 per share) and improved non-GAAP operating income to $4.5 million. Despite an operating cash loss of $18.4 million due to inventory increases, the company maintains a solid cash position with $348.7 million and no debt. Full-year 2022 revenue guidance is updated to $648-$652 million, reflecting about 10% growth post-divestiture of MakerBot.
Stratasys has announced a partnership with ALM to supply PA12 powder for its H350 3D printer, expanding material offerings in additive manufacturing. The company also introduced 13 new Validated materials for the Fortus 450mc printer, enhancing options for industries such as aerospace and healthcare. The OpenAM software allows customers access to third-party materials, promoting innovation. Stratasys aims to drive the adoption of additive manufacturing solutions, aligning with market trends for sustainable and efficient production.
Stratasys (SSYS) has made a strategic investment of $10 million in med-tech startup Axial3D, as part of a $15 million investment round. This partnership aims to enhance the accessibility of 3D printed anatomic models for healthcare, targeting hospitals and medical device manufacturers. Axial3D’s AI-driven technology simplifies the conversion of CT and MRI scans into 3D models, improving surgical planning and patient outcomes. The total market opportunity for medical 3D printing is estimated at $2.8 billion.
Stratasys Ltd (NASDAQ: SSYS) will announce its third quarter financial results for the period ending September 30, 2022, on November 10, 2022. The company will host a conference call at 8:30 a.m. ET the same day to discuss these results. The call will be accessible via live webcast on the Stratasys website and by telephone for investors. Stratasys continues to lead in additive manufacturing, providing innovative 3D printing solutions across various industries, improving product design, manufacturing agility, and patient care.
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