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3-D printing firm Stratasys reports wider third-quarter

by:Tuowei     2019-06-09

Stratasys, a 3D printing company, released its third

But the results were better than analysts expected. For the three-

During the month, the company reported a net loss of $6.

6 million, 16 cents per share.

By contrast, $2 was lost.

The same period a year ago was 8 million, or 7 cents per share.

Revenue grew to $125. 6 million.

Eden Prairie in Minnesota

The company, which has built expensive printers for companies such as Boeing and General Motors for decades, recently bought rival MakerBot Industries for $0. 403 billion in stock to enter the emerging consumer market.

The deal is seen as another sign of emerging markets being able to print 3-

D. according to computerized design, objects are placed by depositing materials layer by layer.

David Reis, Stratasys ceo, said the company 'achieved strong growth across multiple product lines, addressing an ever-expanding range of applications.

'We are particularly pleased that MakerBot has increased its contribution by $11.

'During this period, revenue was 6 million,' he said in a statement on Thursday . '.

3-D printing firm Stratasys reports wider third-quarter loss

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