Stratasys Reports Record Results!

In spite of the lousy economic situation, Stratasys has managed to pull off very good results for the first quarter of the year. Manufacturers of the Dimension line of 3D printers, Dimension set records for revenue and unit sales. According to their press release, some 577 units were shipped in 1Q08, and revenue rose to exceed USD$30M. From the release:

Revenues rose to $30.7 million for the first quarter ended March 31, 2008 over the $27.3 million reported for the same period in 2007. Revenue from proprietary products and services increased by 16% over the same period last year. System shipments totaled a record 577 units for the first quarter of 2008, the highest quarterly unit shipments in the company’s history.

What does this mean? If the 3D industry is doing well in the current flat economy, we can only speculate that those who know this technology are leaning hard on it as a way to leverage investment in the 21st century.

Via BusinessWeek

General Fabb

Kerry Stevenson, aka "General Fabb" has been writing Fabbaloo posts since he launched the venture in 2007, with an intention to promote and grow the incredible technology of 3D printing across the world. So far, it seems to be working!

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