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Stratasys Inc (ISRAEL) - SSYS STOCK NEWS

Welcome to our dedicated page for Stratasys (ISRAEL) news (Ticker: SSYS), a resource for investors and traders seeking the latest updates and insights on Stratasys (ISRAEL) stock.

Stratasys Ltd. (NASDAQ: SSYS), headquartered in Minneapolis, Minnesota, and Rehovot, Israel, is a leading global provider of 3D printing and additive manufacturing solutions. Utilizing patented technologies such as FDM®, PolyJet®, and WDM™, Stratasys produces high-quality prototypes and manufactured goods directly from 3D CAD files or other 3D content.

Stratasys offers an array of 3D printers tailored for idea development, prototyping, and direct digital manufacturing. The company's subsidiaries include MakerBot and Solidscape, and it operates the RedEye digital-manufacturing service. Stratasys is an innovation leader, holding over 550 granted or pending additive manufacturing patents globally and has been awarded more than 25 accolades for its technological advancements and leadership.

Stratasys focuses primarily on polymer-based 3D printing solutions. These solutions cater to various sectors, including industrial, healthcare, and consumer fields. The company believes that polymer 3D printing solutions offer significant growth opportunities in the rapidly expanding 3D printing industry.

The company's comprehensive product line includes 3D printers such as FDM, PolyJet, Stereolithography, P3, and SAF. Additionally, Stratasys provides software solutions like GrabCAD Software, Connectivity, Digital Anatomy Creator, and OpenAM Software, which enhance the functionality and connectivity of their 3D printing systems.

Revenue generation for Stratasys comes from the sale of 3D printing systems, related services, and consumables, as well as providing comprehensive additive manufacturing solutions. With a workforce of over 1,900 employees, Stratasys continues to push the boundaries of what's possible in 3D printing.

Recent developments at Stratasys highlight the company's commitment to innovation and growth in the 3D printing landscape. Their latest news and updates reflect ongoing projects, new partnerships, and advancements in technology that keep them at the forefront of the industry.

News

Stratasys Releases Fourth Quarter and Full Year 2023 Financial Results

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Stratasys Ltd. reports fourth quarter revenue of $156.3 million, a 1.3% increase from 2022, with record-level recurring revenue for consumables. Full year revenue reaches $627.6 million, a 1.3% growth when adjusted for divestitures. The company achieves its tenth consecutive quarter of adjusted profitability. The CEO highlights strong printer utilization and cost control measures contributing to improved margins. Stratasys continues to innovate and invest in additive manufacturing, expecting outsized growth and increased profitability in the future.
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Stratasys Software Improves Efficiency and Reduces Costs for Additive Manufacturing with Release of New GrabCAD® Packages

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Stratasys Ltd. announces the launch of GrabCAD Streamline Pro™ and a new version of GrabCAD Print Pro™ for PolyJet™, aiming to enhance efficiency and reduce costs for customers through improved workflows. The software has shown a 30-to-50 percent increase in hardware usage for some customers, enabling better organization of parts processing, rapid design iterations, cost reduction, and complexity removal. The packages cater to industries like automotive, aerospace, and healthcare, offering a complete solution across hardware, software, and materials.
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Stratasys Acquires Arevo’s Technology Portfolio, Strengthening its Innovation Leadership in Additive Manufacturing

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Stratasys Ltd. (SSYS) acquires Arevo's patented IP and assets to enhance FDM applications for manufacturing. The acquisition includes foundational patents in carbon fiber printing, Z-strength improvement, in-situ and AI build monitoring, and hardware design. This move enables Stratasys to offer higher performing parts, more reliable builds, and improved system throughput, expanding its manufacturing applications.
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Stratasys Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

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Stratasys Ltd. (SSYS) will report Q4 and full-year 2023 financial results on March 7, 2024. The company will host an investor conference call to discuss the results. Stratasys is a key player in additive manufacturing, offering 3D printing solutions for various industries.
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Stratasys Teams Up with Express Dental to Donate 3D-printed Dentures in Support of the Oklahoma Dental Association’s Mission of Mercy

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Stratasys Ltd. partners with Express Dental Labs to provide TrueDent dentures to over 55 patients in need at the Oklahoma Dental Association Mission of Mercy event, showcasing the efficiency and accuracy of Stratasys technology in creating natural-looking dentures within 24 hours.
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Stratasys Sets the Stage at Additive Manufacturing Strategies 2024

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Stratasys LTD (NASDAQ: SSYS) announced that CEO Yoav Zeif will open the Additive Manufacturing Strategies conference with a keynote address. The company is a Diamond Sponsor of the event and three senior executives will speak in four sessions. The sessions will cover topics such as trends and innovations in additive manufacturing software, venture capital, and the future of the industry. Stratasys aims to share its perspectives on the industry's future and how it's making additive manufacturing work for its customers.
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PartsToGo Scales Additive Manufacturing Capabilities with Addition of Stratasys SLA Solutions

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German service bureau, PartsToGo, invests in four stereolithography printers to meet growing customer demand for industrial-level prototyping, product testing, and high-quality end-use parts. The investment brings PartsToGo’s total Neo fleet to six systems, with a seventh Neo planned for installation in the next few weeks. The new specialist facility in the Black Forest region offers 24/7 production and features updated logistical capabilities, a dedicated showroom, as well as two automation cells for scaling 3D printing production. PartsToGo has evolved from an operation geared toward demonstrating 3D printing capabilities to customers, to a full-fledged service bureau.
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Stratasys Confirms Receipt of Unsolicited Preliminary Proposal from Nano Dimension

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Stratasys Ltd. (SSYS) receives a preliminary proposal from Nano Dimension Ltd. (NNDM) to purchase all outstanding shares it does not currently own for $16.50 per share in cash. This comes as Stratasys continues to review strategic alternatives to maximize shareholder value.
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Stratasys Adopts Limited Duration Shareholder Rights Plan with Enhanced Shareholder Protections

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Stratasys Ltd. (Nasdaq: SSYS) has adopted a limited duration shareholder rights plan to protect the long-term interests of the company and its shareholders. The plan is designed to prevent any entity, person, or group from gaining control of or significant influence over Stratasys without appropriately compensating all shareholders. It is not intended to prevent the purchase of the entire company or interfere with actions in the best interests of the company and its shareholders.
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Stratasys Wins Coveted 3D Printing Industry Award

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Stratasys Ltd. (NASDAQ: SSYS) wins 3D Printing Industry Award in the Medical, Dental or Healthcare Application category for its PolyJet-based 3D printers. The company also received honorable mentions in other categories at the annual 3D Printing Industry Awards ceremony in London.
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FAQ

What is the current stock price of Stratasys (ISRAEL) (SSYS)?

The current stock price of Stratasys (ISRAEL) (SSYS) is $9.39 as of November 21, 2024.

What is the market cap of Stratasys (ISRAEL) (SSYS)?

The market cap of Stratasys (ISRAEL) (SSYS) is approximately 673.9M.

What does Stratasys Ltd. specialize in?

Stratasys Ltd. specializes in 3D printing and additive manufacturing solutions, with a focus on polymer-based 3D printing.

Where is Stratasys Ltd. headquartered?

Stratasys Ltd. is headquartered in Minneapolis, Minnesota, USA, and Rehovot, Israel.

What technologies does Stratasys use in its 3D printers?

Stratasys uses technologies like FDM®, PolyJet®, and WDM™ in its 3D printers.

What industries does Stratasys serve?

Stratasys serves various industries, including industrial, healthcare, and consumer sectors.

How does Stratasys generate revenue?

Stratasys generates revenue through the sale of 3D printing systems, related services, consumables, and by providing comprehensive additive manufacturing solutions.

What are some subsidiaries of Stratasys Ltd.?

Stratasys Ltd.'s subsidiaries include MakerBot and Solidscape.

What software solutions does Stratasys offer?

Stratasys offers software solutions like GrabCAD Software, Connectivity, Digital Anatomy Creator, and OpenAM Software.

How many employees does Stratasys have?

Stratasys has over 1,900 employees.

How many patents does Stratasys hold?

Stratasys holds over 550 granted or pending additive manufacturing patents globally.

What recent achievements has Stratasys accomplished?

Stratasys has received more than 25 awards for its technology and leadership, reflecting its commitment to innovation and industry advancement.

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Stratasys Inc (ISRAEL)

Nasdaq:SSYS

SSYS Rankings

#2860 Ranked by Market Cap
N/A Ranked by Dividends

SSYS Stock Data

673.87M
57.58M
19.35%
51.97%
2.18%
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