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Stratasys Defies Economic Swing


Stratasys, makers of the Dimension line of 3D printers, recently released their 3rd Quarter 2008 financial results. Surprisingly the company produced "record third quarter revenue", some 16% higher than the previous year. Their income also increased 15% year over year.

Now, we don't know how you feel, but it seems to us that there is a teeny problem in the world economy lately, causing some companies to suffer lower revenues, or in some cases the companies are actually disappearing altogether!

Stratasys's results seem to indicate that there is indeed very high interest in 3D printing technology in spite of the swirling economic peril around us. One wonders where this space will be when the economy does recover.

Via MarketWatch

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