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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 Third Quarter 2023 Financial Results

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Stratasys Ltd. (Nasdaq: SSYS) announced its third-quarter 2023 financial results, with revenue of $162.1 million, essentially flat compared to the third quarter of 2022. The company reported a GAAP net loss of $47.3 million or $0.68 per diluted share, and a non-GAAP net income of $2.4 million or $0.04 per diluted share. Stratasys also updated its 2023 outlook, expecting full-year revenue of $620 million to $630 million.
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CORRECTING and REPLACING Stratasys Releases Third Quarter 2023 Financial Results

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Stratasys Ltd. (Nasdaq: SSYS) announced its third-quarter 2023 financial results, reporting a revenue of $162.1 million, essentially flat with Q3 2022, up 3.3% at constant currency excluding divestments. The company also noted record-level recurring revenue for consumables and a GAAP net loss of $47.3 million, offset by non-GAAP net income of $2.4 million. Stratasys updated its 2023 outlook, expecting full-year revenue of $620 million to $630 million.
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Stratasys Announces Changes to Board of Directors

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Stratasys Ltd. (Nasdaq: SSYS) has appointed Aris Kekedjian as an independent member of the Company’s Board of Directors, replacing Ziva Patir. With over 30 years of leadership experience, Kekedjian brings expertise in business development, M&A, and operations. He currently serves as Chairman and CEO of Trinity Biotech. The Board will continue to comprise eight directors, seven of whom are independent. Stratasys Chairman of the Board, Dov Ofer, expressed confidence in Kekedjian's input and guidance, aiming to enhance shareholder value.
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Stratasys Completes Sale of its Stratasys Direct Parts-Making Facility in Austin, Texas

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Stratasys Ltd. (SSYS) Completes Sale of Stratasys Direct, Inc. Facility in Austin, Texas to Cumberland Additive, Inc. as Part of Operational Transformation Efforts
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Addition of New Stratasys Materials Reinforces Commitment to End-use Production and Manufacturing-grade Prototyping

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Stratasys Ltd. (NASDAQ: SSYS) announces four new materials for the P3™ DLP platform and two new materials, including color enhancements, for the F900. The new materials aim to expand manufacturing applications and accelerate material options in the marketplace, including weather-resistant, high-stiffness, ESD, and elastomeric prototyping materials.
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Automaker Advances Innovation with First Stratasys F3300 3D Printer Purchase Agreement

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Stratasys, Ltd. (NASDAQ: SSYS) has announced that Toyota has signed an agreement to be the first customer to purchase the new Stratasys F3300 3D printer. The F3300 is designed for manufacturing, and Toyota will use it for production support, including parts and fixtures, as well as for prototyping applications to bring new products to the market faster.
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Stratasys’ Newest Printer Unlocks More Demanding Manufacturing Applications with Improved Accuracy, Uptime and Twice the Output

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Stratasys Ltd. will showcase its new F3300 Fused Deposition Modeling (FDM) 3D printer at the Formnext conference. The printer offers reduced labor, maximized uptime, higher part quality and yield. It is designed for performance-oriented manufacturers and is expected to be available for shipment beginning 2024.
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Stratasys Conference Call to Discuss Third Quarter 2023 Financial Results

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Stratasys Ltd. (Nasdaq: SSYS) will release its financial results for the third quarter of 2023 on November 16, 2023. The company will hold a conference call to discuss these results at 8:30 a.m. (ET) on the same day. The conference call can be accessed via live webcast on the Stratasys website or by dialing the provided telephone numbers. Stratasys is a leader in additive manufacturing, providing 3D printing solutions for various industries.
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Study Shows That Additive Manufacturing Reduces Emissions and Conserves Resources in Production for Fashion Footwear

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Stratasys Ltd. shared the results of a study that demonstrates the environmental benefits of additive manufacturing for the fashion industry. The study showed that Stratasys' PolyJet™ material jetting approach can cut CO2e emissions by 24.8% and save 48% of stock material across the supply chain. The research also revealed that additive manufacturing reduces electrical energy consumption by over 64% and streamlines the production and logistical stages.
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New AMGTA Research Shows Environmental Benefits of 3D Material Jetting in Fashion Footwear

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The Additive Manufacturer Green Trade Association (AMGTA) has released the results of a study comparing 3D material jetting with traditional methods for designer luxury goods. The study, conducted by Reeves Insight in partnership with Stratasys and Dyloan Bond Factory, revealed a 24.8% reduction in CO2-eq emissions and a 49.9% reduction in stock material across the supply chain when using material jetting. The study also showed reductions in water usage, power consumption, and supply chain dependencies. This research highlights the environmental benefits of additive manufacturing in the fashion industry.
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FAQ

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

The current stock price of Stratasys (ISRAEL) (SSYS) is $9.45 as of December 20, 2024.

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

The market cap of Stratasys (ISRAEL) (SSYS) is approximately 693.1M.

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

#2828 Ranked by Market Cap
N/A Ranked by Dividends

SSYS Stock Data

693.15M
57.58M
19.35%
51.97%
2.18%
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