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Stratasys Ltd - SSYS STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stratasys's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stratasys's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
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Rhea-AI Summary
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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End-of-Day
-4.55%
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management
Rhea-AI Summary
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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0.28%
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Rhea-AI Summary
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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-2.43%
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Rhea-AI Summary
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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End-of-Day
0.45%
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Rhea-AI Summary
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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End-of-Day
3.84%
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Rhea-AI Summary
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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Rhea-AI Sentiment
End-of-Day
3.84%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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Stratasys Ltd

Nasdaq:SSYS

SSYS Rankings

SSYS Stock Data

703.78M
51.87M
19.72%
58.56%
2.19%
Computer Terminal and Other Computer Peripheral Equipment Manufacturing
Manufacturing
Link
US
Eden Prairie

About SSYS

stratasys ltd. (nasdaq:ssys), headquartered in minneapolis, minnesota, and rehovot, israel, is a leading global provider of 3d printing and additive manufacturing solutions. the company's patented fdm®, polyjet® and wdm™ 3d printing technologies produce prototypes and manufactured goods directly from 3d cad files or other 3d content. systems include 3d printers for idea development, prototyping and direct digital manufacturing. stratasys subsidiaries include makerbot and solidscape, and the company operates the redeye digital-manufacturing service. stratasys has more than 1,900 employees, holds over 550 granted or pending additive manufacturing patents globally, and has received more than 25 awards for its technology and leadership.