SSYS News and Press, Stratasys Ltd. From 05/30/23

2023-05-30 08:51:20 ET Desktop Metal ( NYSE: DM ) adopted a limited duration shareholder rights plan amid an agreement Thursday to combine with Stratasys ( SSYS ) in an all stock deal. The holder rights plan is scheduled to expire on the earlier of July 24, 2024, or th...

The Board of Directors of Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or the “Company”) announced that it adopted a limited duration shareholder rights plan on May 26, 2023, which is scheduled to expire on the earlier of (i) July 24, 2024 and (ii) the effective...

2023-05-26 10:01:23 ET Stratasys ( NASDAQ: SSYS ) planned purchase of Desktop Metal ( NYSE: DM ) may be a mistake, according to a William Blair analyst. One issue with a transaction is a "lack of transparency' around the drivers of Desktop Metal's revenue growth and ...

2023-05-25 11:31:53 ET Last week, investors applauded 3D printer maker Stratasys ' (NASDAQ: SSYS) announcement of an apparently impressive quarter in which the company seemed to earn a $0.02 per share profit, when investors had expected a loss (which indeed happened). A few days...

2023-05-25 07:16:27 ET Stratasys ( SSY ) confirmed an agreement to acquire 3D printer company Desktop Metal ( NYSE: DM ) in an all-stock deal valued at about $1.8 billion. Desktop Metals rose 8.6% in premarket trading, while Stratasys gained 2.6%. Under the terms of...

2023-05-22 07:07:00 ET Shares of 3D printing pioneer Stratasys (NASDAQ: SSYS) leapt off the page last Tuesday, soaring 10% in response to what at first glance looked to be an impressive "earnings beat." Analysts had forecast that the 3D-printing company would book $145 million i...

Stratasys Ltd. (NASDAQ: SSYS) has caught the attention of the investment community today with its bullish price action. The company's shares are currently up 11.18% on the day to $16.01. Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers 3D printing systems, such ...

2023-05-16 11:55:20 ET Stratasys Ltd. (SSYS) Q1 2023 Earnings Conference Call May 16, 2023 8:30 am ET Company Participants Yoav Zeif - Chief Executive Officer Eitan Zamir - Chief Financial Officer Yonah Lloyd - Chief Communications Officer, Vice President, Invest...

2023-05-16 07:03:34 ET Stratasys press release ( NASDAQ: SSYS ): Q1 Non-GAAP EPS of $0.02 beats by $0.08 . Revenue of $149.38M (-8.6% Y/Y) beats by $4.37M . 2023 Financial Outlook: Full year revenue of $630 million to $670 million. Sequential qu...

Revenue of $149.4 million, 2.6% lower versus first quarter 2022 at constant currency and adjusted for divestitures Highest consumables quarter in Company’s history, grew 7.8% over prior year quarter at constant currency and adjusted for divestitures GAAP net loss of...