Stratasys Reports 3Q12 Results

By on November 11th, 2012 in Corporate

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As one of the two publicly-traded major 3D printing companies, Stratasys’ financial results are always interesting to examine. 
They’ve been on a tear in recent years, consistently setting new records for various financial statistics. This quarter seems no different: their revenue increased a massive 40% in 3Q12 from 3Q11, while units increased 52% to 911 units – and when we say “units”, we mean those big commercial 3D printers. 
Interestingly, their profit dipped very slightly. Could this be due to competition from the lower end? More spent on research and development? Perhaps expenses from the upcoming merger with Objet? 
Nevertheless, it still appears that the 3D printing industry is growing and competing. That can only be good.  

By Kerry Stevenson

Kerry Stevenson, aka "General Fabb" has written over 8,000 stories on 3D printing at Fabbaloo 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!