3-D Printers Lower Following Stratasys' (SSYS) FY14 Outlook (DDD) (VJET)

January 14, 2014 7:32 AM EST Send to a Friend
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3-D printing companies are under pressure Tuesday morning following new FY14 guidance issued by segment leader Stratasys (Nasdaq: SSYS).

Ahead of the bell Tuesday, Stratasys said it was modeling FY14 revenue of $660 to $680 million and adjusted EPS of $2.15 to $2.25 per share. Numbers compare with consensus estimates looking for FY14 revs of $656.8 million and EPS of $2.33.

Stratasys also saw significant increases in operating expenses for 2014, driven by investments in sales and marketing programs to drive future market adoption, as well as by higher R&D investments to fund technology innovation and new product development.

While Stratasys is down 2.6 percent, 3D Systems (NYSE: DDD) is off 1.9 percent, voxeljet (NYSE: VJET) is down 2.6 percent, and ExOne (Nasdaq: XONE) is about 1.3 percent lower.


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