Stratasys (SSYS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Stratasys (SSYS)

SSYS 9.840

-0.4%

Nov 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stratajema who wrote (126)	6/30/1997 9:40:00 AM
From: Todd N. Weisrock	of 316

oh oh! Stratasys Sees 2Q Revs Lower Than Analysts' Estimates MINNEAPOLIS (Dow Jones)--Stratasys Inc. (SSYS) expects to report record second quarter revenues, though short of analysts' expectations due to manufacturing constraints for its FDM-8000 product line. In a press release Monday, the company said it sees revenues increasing significantly from the 1997 first quarter, when it posted revenues of $5.2 million. Stratasys said growing demand exists for its FDM product line and it expects 1997 to be its most successful year to date. The company said other factors that reduced revenues below analysts' expectations for the quarter were a stronger dollar compared with European currencies and delays in closing some domestic sales, which Stratasys expects to book in the third and fourth quarters. Stratasys makes prototyping systems and reported revenues of $5.3 million in the second quarter ended June 30, 1996.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next