Stratasys (NSDQ:SSYS) shares jumped today after the 3D-printing giant beat the consensus with its third-quarter results. Minneapolis- and Rehovot, Israel-based Stratasys posted losses of -$679,000, or -1¢ per share, on sales of $162.0 million for the three months ended Sept. 30, paring its losses by -93.3% on sales growth of 4.0% compared with Q3 2017. Get […]
Stratasys spins off two companies
Stratasys is spinning off a pair of metal 3D printing companies, according to a report in IDTechEXResearch. The first company, Evolve Additive, is working on a selective toner electrophotographic process (STEP), which uses an electrostatically charged roller that selectively collects polymeric particles in the position appropriate for the individual build layer. The roller then deposits particles […]
Stratasys shares steady on Q2 beat
Shares in Stratasys have fallen slightly today after the 3D printing and additive manufacturing company met expectations on Wall Street with its 2nd quarter earnings results. The Eden Prairie, Minn.-based company posted losses of $6.2 million, or 11¢ per share, on sales of $170 million for the 3 months ended June 30, seeing losses shrink […]
Ambionics creates 3D printed prosthetic arm for infants
Using Stratasys’ PolyJet 3D printing technology, prosthetic solutions company Ambionics was able to create a fully-functional 3D printed hydraulic prosthetic arm for an infant. The prosthetic was designed for Ambionics’ founder Ben Ryan’s 2-year-old son, enabling a more natural acceptance of prosthetics for children. So far, the 3D-printed hydraulic prosthetic has delivered 76% cost savings […]
Stratasys revenue down 3% in Q1
3D printing and additive manufacturing company Stratasys said today that its first-quarter revenue was down 3% year-over-year, to $163.2 million – even as consumable revenue increased 7%. Losses narrowed to $13.9 million, or 26 cents per share, from a loss of $23.1 million, or 44 cents per share a year before. Stratasys officials, however, think results […]
Stratasys advancing foot orthotics with large-scale 3D printing
Stratasys Direct Manufacturing is collaborating with medical equipment supplier and Podfo orthotics creator Peacocks Medical Group to increase large scale production of 3D printed custom orthotics. Other foot orthotics manufacturing has long lead times and is not cost-effective when producing advanced design elements. Peacocks Medical Group’s Podfo line is designed using additive manufacturing and avoids […]
Stratasys is creating a 3-D printing network in V.A. hospitals: Here’s how
The 3D printing and additive manufacturing company Stratasys has announced that it is collaborating with the U.S. Dept. of Veterans Affairs to release one of the first 3D printing hospital networks in the U.S. The Dept. of Veterans Affairs Center for Innovation (VACI) hopes that this collaboration will have a positive effect on patient care […]
Stratasys launches 3D printed heart model study
Stratasys (NSDQ:SSYS) said today it began enrollment for patients in its 3DHeart study, which aims to explore the use of patient-specific 3D printed models in pre-operative planning for pediatric heart surgery. The 3DHeart study will focus on pediatric congenital heart patients requiring complex two-ventricle repairs, with a primary endpoint of cardiopulmonary bypass time with secondary […]
CRO merger: INC Research to buy Kendle for $232 million | Acquisitions roundup
Cincinnati-based contract research organization Kendle International Inc. (NSDQ:KNDL) has solved its “acquire-or-be-acquired” dilemma.
Kendle agreed to sell itself to Raleigh, N.C.-based CRO INC Research LLC for $232 million, according to a statement from the companies.
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