The Latest Breaking News from SSYS

Businesses worldwide are digitalizing their operations, resulting in a rising demand for efficient tech services, electronics, and smart hardware. This trend is driving the growth of the tech industry. Therefore, fundamentally strong tech stocks like TDK Corporation (TTDKY), Kyndryl Holdings (KD), and Stratasys (SSYS) could be ideal additions to one’s…

Increased digital transformation initiatives and adoption of emerging technologies are expected to boost the technology industry's long-term growth prospects. Amid this backdrop, investors could consider buying fundamentally strong tech stocks Lenovo Group (LNVGY), Viavi Solutions (VIAV), and Stratasys (SSYS). Read more.

The 3D printing industry is well-positioned for growth in the long term as it provides flexibility to manufacturers with customizations and is gaining applicability across various industries. To that end, it could be wise to buy top-rated fundamentally strong 3D printing tech stocks Materialise NV (MTLS), Stratasys (SSYS, and Proto…

Increased use of advanced technologies in the aerospace and automotive industries is expected to boost the tech industry’s growth. Therefore, fundamentally sound tech stocks Stratasys (SSYS), Proto Labs (PRLB) and Materialise (MTLS) could be a good idea. These stocks are currently trading under $35. Keep reading.

Increased adoption of 3D printing in aerospace and automotive industries is likely to enhance the growth of the 3D printing industry. Hence, fundamentally strong stocks Stratasys (SSYS), Proto Labs (PRLB), and Materialise (MTLS) might be ideal buys now. However, as the sector faces high costs and machine limitations, fundamentally weak…

Stratasys (NASDAQ:SSYS) reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Stratasys beat estimated earnings by 150.0%, reporting an EPS of $0.02 versus an estimate of $-0.04.

Stratasys Ltd (NASDAQ:SSYS) reported first-quarter FY22 revenue growth of 21.8% year-over-year to $163.43 million, beating the consensus of $157.56 million. Product sales rose 25.2% Y/Y to $113.07 million. Services revenue increased 14.8% Y/Y to $50.36 million. The gross margin expanded 120 bps to 42.6%. The adjusted gross margin was 47.3%, up 65…

SpiderOak Mission Systems and Lockheed Martin Corp (NYSE:LMT) Space's Mission Solutions business collaborate for developing and testing a zero-trust cybersecurity platform to secure data across the space data supply chain. The two companies signed an agreement to field key components of the SpiderOak OrbitSecure platform. OrbitSecure is SpiderOak's lightweight software-only solution for ground and…

Stratasys Ltd (NASDAQ:SSYS) reported fourth-quarter FY21 revenue growth of 17.3% year-on-year to $167 million, beating the consensus of $165 million. Product sales rose 19% Y/Y to $118.04 million. Services revenue increased 13.2% Y/Y to $48.98 million. The non-GAAP gross margin contracted 80 bps to 48.7%.  Non-GAAP EPS of $0.01 beat the consensus loss…