3D Printing Company Stratasys Reports 67% Jump In Quarterly Revenue!

By: | August 7th, 2014

Stratasys, Ltd.

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┬áStratasys, 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.

Technology, engineering, and design enthusiast.

Google+ 

More articles from Industry Tap...