What Happened
3D Printing Company Sees Strong Momentum In Aerospace And Defense
Stratasys reported Q2 revenue of $137.6 million, with a record quarter for consumables driven by strong demand from aerospace and defense customers. The company’s non-GAAP profit of $0.03 per share exceeded analyst estimates. Stratasys’ guidance for the full year is close to analyst expectations, with a focus on expanding its manufacturing footprint and integrating new technologies. The pending MarkForged acquisition is expected to enhance the company’s presence in aerospace, defense, and industrial production, as reported by TradingView News.