From the looks of it, the 3D-printing industry is booming.
Stratasys reported a 67% jump in quarterly revenue, with shares up 19% this morning.
This is surprising after a $173,000 net loss in the second quarter and a reported loss of $2.8 million in the previous year.
David Reis, chief executive officer of Stratasys, said in the firm’s press release, “We continue to observe strong positive sales momentum for our higher-performance systems and materials, which is reflected in the impressive 35% organic revenue growth we generated during the second quarter,”
Overall, Reuters says Stratasys net revenue rose from $106.5 million to $178.5 million.