Stratasys Ltd Stock Price, News & Analysis

Stratasys Ltd. (NASDAQ: SSYS) announced the expansion of its GrabCAD Software Partner Program, now including Teton Simulation, enhancing its 3D printing solutions. The program aims to integrate advanced software applications with Stratasys' additive manufacturing technologies, improving production efficiency. Teton Simulation's SmartSlice application will optimize print parameters, ensuring better performance and reduced material waste. The company has now partnered with six firms since the program's inception, showcasing Stratasys' commitment to building a robust ecosystem for advanced manufacturing.

Stratasys Ltd. (NASDAQ: SSYS) has unveiled two innovative PolyJet 3D printers: the J35 Pro and J55 Prime, enhancing rapid prototyping capabilities in design and packaging. The J35 Pro is Stratasys' first multi-material desktop 3D printer, enabling the use of various materials for high-fidelity models. The J55 Prime expands options with new materials for tactile and sensory capabilities. Stratasys aims to enhance efficiency in product development, with both printers available for order, expected to ship in September and July 2021, respectively.

Stratasys Ltd. (NASDAQ: SSYS) has unveiled the J5 MediJet™ 3D printer, a versatile tool for healthcare providers and medical device companies. This printer features multi-material and multi-color capabilities, enabling the creation of detailed anatomical models and surgical guides. It is compact, cost-effective for small labs, and certified for sterilization and biocompatibility. The device is faster than competitors, and supports various materials, reducing the need for multiple printers. Stratasys aims to enhance patient care and expedite medical device innovation with this new technology.

Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer additive manufacturing, will participate in the Stifel Virtual Cross Sector Insight Conference on June 9, 2021, at 4:40 p.m. ET. The event will feature a live webcast, accessible through this link, and will also be archived for later viewing. Stratasys provides innovative 3D printing solutions across multiple industries, enhancing product design and manufacturing processes, showcasing their commitment to transforming operations.

Stratasys Ltd. (NASDAQ: SSYS) reported its first quarter 2021 results, with revenue of $134.2 million, up from $132.9 million in Q1 2020. GAAP net loss narrowed to $18.9 million ($0.32/share) from $21.7 million ($0.40/share) a year prior. Adjusted EBITDA turned positive at $3.5 million, compared to a negative $2.1 million. The company forecasted mid-teens percentage revenue growth for Q2 2021 and indicated that operating expenses could increase by $25-30 million for the full year due to staffing and acquisitions. CEO Dr. Yoav Zeif expressed confidence in future growth in the 3D printing sector.

Stratasys Ltd. (NASDAQ: SSYS) has launched three new 3D printers targeting the multibillion-dollar additive manufacturing market. The Stratasys Origin One, H350, and F770 printers aim to enhance low-to-mid-volume production applications. Stratasys CEO Dr. Yoav Zeif noted that the company is focused on providing comprehensive 3D printing solutions, with more than 25% of revenue coming from manufacturing-related applications. The company anticipates manufacturing revenue growth at over 20% annually from 2022. The printers will begin orders in May 2021, with the H350 shipping in Q3 2021.

Stratasys Ltd (Nasdaq: SSYS) will announce its financial results for Q1 2021 on May 5, 2021. The conference call is set for 8:30 a.m. (ET) the same day, allowing investors to discuss the financial outcomes.

Stratasys specializes in additive manufacturing and 3D printing solutions, catering to sectors such as aerospace, automotive, and healthcare. Their offerings aim to enhance product design and manufacturing efficiency.

MakerBot, a Stratasys company (Nasdaq: SSYS), unveiled the latest edition of the MakerBot Educators Guidebook, providing educators with advanced project plans and resources for 3D printing in classrooms. The guidebook incorporates fresh ideas to enrich learning and enhance student engagement across various subjects. Key features include project examples, teaching tips, and insights on MakerBot's newest printers. This initiative aligns with MakerBot's mission to equip students for future success by integrating 3D printing into education.

Stratasys Ltd. (Nasdaq: SSYS) announced the full exercise of an underwriter option to purchase an additional 1,034,482 shares at $29.00 per share, generating approximately $30 million in gross proceeds. This raises total shares sold in the public offering to 7,931,034 and total gross proceeds to around $230 million. The transaction is expected to close on March 18, 2021, subject to customary conditions. The shares were issued under an automatically effective shelf registration statement filed with the SEC.