3-D Printers Lower Following Stratasys' (SSYS) FY14 Outlook (DDD) (VJET)
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Price: $8.02 -0.12%
Revenue Growth %: +5.4%
Financial Fact:
Income before income taxes: 9.27M
Today's EPS Names:
OCCI, IPX, ALZN, More
Revenue Growth %: +5.4%
Financial Fact:
Income before income taxes: 9.27M
Today's EPS Names:
OCCI, IPX, ALZN, More
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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,
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.
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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