Latest news with #Stratasys
Time Business News
a day ago
- Business
- Time Business News
Breakthroughs in 3D Printing for Healthcare Applications
Healthcare 3D printing has referred to the use of adorable manufacturing technologies to create optimized medical devices, transplantation, prosthetics, physiological models and even clinical and research purposes for clinical and research purposes. This technique enables high precision, patient-specific solution and rapid prototyping in medical applications. The growth of healthcare 3D printing market is driven by increasing demand for personalized medicine, 3D-printed transplantation and increasing use of surgical planning models, progression in bioprinting and cost-effective production of complex medical parts. Additionally, extended applications in dental, orthopedic and tissue engineering areas accelerated the expansion of the market. Key Growth Drivers and Opportunities Increasing Use of Surgical Planning Models: Increased use of surgical planning model is a major driver of the Healthcare 3D printing market, as these models allow surgeons to imagine and rehears complex processes with greater accuracy and confidence. Medical imaging data creates patient-specific physical replicas, 3D printing increases preoperative planning, reduces surgery time, reduces risks, and improves the patient's results. This individual approach not only enhances the efficiency and accuracy of surgery, but also supports better communication with patients and surgical teams. As healthcare providers try to improve procedural results and reduce costs, demand for 3D-prone surgical model continues to increase, promotes market growth. Challenges The Healthcare 3D printing market faces several boundaries, including high initial setup costs, limited availability of biocompatible materials and lack of standardized rules in areas. Technical challenges such as slow printing speed, limited scalability for mass production, and complexity of printing tissues also obstruct wide adoption. Additionally, special expertise and advanced software tools require can restrict use in small health facilities. The anxiety around the long-term security and reliability of 3D-merged medical devices affects market acceptance and regulatory approval. Innovation and Expansion Stratasys Increases Medical Device Manufacturers' Access to 3D Printing to Promote Innovation and Patient Care In February 2025, A worldwide standard for quality management systems in the production of medical devices, ISO 13485, has been attained by Stratasys Ltd.'s Stratasys Direct manufacturing plant in Tuscon, Arizona. The additional Stratasys Direct production sites in Minnesota and Texas will also receive this accreditation, according to Stratasys' plans. Stratasys Direct has officially acknowledged the safety, accuracy, and dependability of its 3D-printed components by obtaining ISO 13485 certification. By addressing important regulatory criteria, this certification expedites innovation, lowers costs, and improves patient outcomes while removing adoption obstacles and empowering medical device makers to expand production reliably. Stratasys and Aakash Healthcare Establish a State-of-the-Art 3D Printing Facility to Transform Patient Care In September 2024, in collaboration with Stratasys, Aakash Healthcare Super Speciality Hospital in Dwarka has built an Advanced 3D Printing Lab. By enabling the production of accurate anatomical models customized to each patient's distinct anatomy, the facility's Stratasys Digital Anatomy 3D Printer seeks to revolutionize orthopedic procedures at the hospital. According to the hospital, these models will boost surgical precision, facilitate pre-surgical planning, and improve staff training, all of which are anticipated to lower problems and speed up recovery. This move is framed as a component of the hospital's larger initiative to improve patient care. Inventive Sparks, Expanding Markets The key players operating the healthcare 3D printing market includes, 3D Systems Inc., Formlabs Inc., Materialise NV., The ExOne Company, General Electric Company, Bio3D Technologies, Organovo Holdings Inc., Stratasys Ltd., Proto Labs Inc., SLM SOLUTIONS GROUP AG., and others. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS
Yahoo
3 days ago
- Business
- Yahoo
Why Stratasys (SSYS) Stock Is Down Today
What Happened? Shares of 3D printing company Stratasys (NASDAQ:SSYS) fell 12.5% in the morning session after the company lowered its full-year financial outlook, citing prolonged macroeconomic challenges. While its second-quarter earnings of $0.03 per share met analyst estimates and revenue of $138.1 million was slightly ahead of forecasts, investors focused on the bleak forecast. Stratasys cut its full-year 2025 revenue guidance to a range of $550 million to $560 million, significantly below the consensus estimate of $572.5 million. The earnings outlook was also slashed, with the company now expecting adjusted earnings per share of $0.13 to $0.16, less than half the $0.32 analysts had projected. CEO Dr. Yoav Zeif attributed the revision to "prolonged macroeconomic uncertainty and restrained customer capital spending," noting that an expected recovery is taking longer than anticipated. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Stratasys? Access our full analysis report here, it's free. What Is The Market Telling Us Stratasys's shares are very volatile and have had 24 moves greater than 5% over the last year. But moves this big are rare even for Stratasys and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 1 day ago when the stock gained 3.8% on the news that an in-line inflation report fueled hopes for interest rate cuts and the U.S. and China agreed to extend their tariff truce. The Consumer Price Index (CPI), a key measure of inflation, came in largely as expected, holding steady at 2.7% year-over-year. This reading boosted investor optimism that the Federal Reserve will have room to lower interest rates at its next meeting, which could reduce borrowing costs for companies and consumers. Adding to the positive sentiment, the U.S. and China extended their tariff truce for another 90 days. This development alleviates concerns about renewed trade tensions, which is a significant relief for industrial companies reliant on global supply chains and international sales. Together, these events create a favorable outlook for economic growth, benefiting cyclical sectors like industrials. Stratasys is up 12.3% since the beginning of the year, but at $9.77 per share, it is still trading 24% below its 52-week high of $12.85 from February 2025. Investors who bought $1,000 worth of Stratasys's shares 5 years ago would now be looking at an investment worth $641.50. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Stratasys Cuts Outlook, CEO Points To Temporary Macroeconomic Drag
Stratasys (NASDAQ:SSYS) stock dropped on Wednesday after the company reported fiscal second-quarter 2025 results. The company clocked a quarterly revenue of $138.1 million, flat year-on-year, beating the analyst consensus estimate of $137.2 million. The adjusted gross margin declined to 47.7% from 49.0% a year EPS of 3 cents was in line with the analyst consensus estimate. The company's adjusted operating income was $1.12 million for the period, compared to a loss of $3.2 million in the same period the previous year. Adjusted net income was $2.18 million for the period, up from a $2.97 million loss in the same period the previous year. Adjusted EBITDA reached $6.13 million from $2.28 million the prior year. View more earnings on SSYS The company used $1.1 million in cash for its operating activities, compared to $2.4 million a year ago. Stratasys held cash and equivalents of $254.6 million. Stratasys CEO Dr. Yoav Zeif acknowledged that macroeconomic recovery, and the related boost in customer capital spending, is taking longer than anticipated, but he described the headwinds as temporary. Outlook Stratasys expects revenue of $550.00 million-$560.00 million (prior $570.00 million-$585.00 million) against an analyst consensus estimate of $572.52 million. The company expects an adjusted EPS outlook of 13 cents to 16 cents (prior 28 cents to 35 cents) compared to the analyst consensus estimate of 32 cents. It expects an adjusted EBITDA of $30 million-$32 million (prior $44 million-$50 million). Stratasys stock gained 28% year-to-date, topping its quarterly estimates in the last three quarters. Price Action: SSYS stock is trading lower by 14.95% to $9.670 premarket at last check Wednesday. Photo by Lutsenko_Oleksandr via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Stratasys Cuts Outlook, CEO Points To Temporary Macroeconomic Drag originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
5 days ago
- Business
- Yahoo
PTC Appoints Jon Stevenson as Executive Vice President, Chief Product Officer
BOSTON, Aug. 11, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Jon Stevenson as Executive Vice President, Chief Product Officer. Stevenson will be responsible for the strategy, development, and delivery of PTC's Digital Thread product portfolio. Stevenson brings more than three decades of experience in product development, engineering leadership, and technology innovation across CAD, PLM, AI, and SaaS. He previously held executive roles at Stratasys and GrabCAD and has more recently served as a board member, advisor, and investor to a variety of product development, SaaS, and AI-focused companies, including AllSpice, SimScale, Duro, nToplogy, and Vention. He previously served as a Vice President in PTC's R&D Group and as the Executive Vice President of the company's CAD business. "Jon is an accomplished leader in our industry, and we're thrilled to appoint him as Chief Product Officer," said Neil Barua, President and CEO, PTC. "Jon's technical and engineering expertise, proven leadership, and fresh perspective will help us accelerate priorities such as PLM and ALM integration, CAD, our transition to SaaS, and embedding AI across our product portfolio – all to help our customers achieve more." "It's an incredible opportunity to serve as PTC's Chief Product Officer," said Stevenson. "We have the strongest product portfolio in industrial software and a great foundation for taking the next step in areas like SaaS and AI. I look forward to working with Neil and the leadership team as we continue helping our customers transform their businesses." Kevin Wrenn, PTC's previous Chief Product Officer, is transitioning to a new leadership role within PTC's product organization, focused on driving deeper customer engagement within the vertical-focused model announced at the start of the fiscal year. About PTC PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products that the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit Media Greg Paynegpayne@ Investors Matt Shimaomshimao@ PTC and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries. View original content to download multimedia: SOURCE PTC Inc. Sign in to access your portfolio
Yahoo
07-08-2025
- Automotive
- Yahoo
Toyota Accelerates Production Innovation with Stratasys; Drives Efficiency, and Improves Lead Times with Additive Manufacturing
Longstanding partnership with Stratasys increases worker safety, and fuels on-demand factory tooling MINNETONKA, Minn. & REHOVOT, Israel, August 07, 2025--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS), announced today that Toyota's production engineering group is accelerating innovation on the factory floor through its strategic collaboration with Stratasys. The automaker is empowering automotive workers to seamlessly integrate advanced 3D printing technology in their manufacturing process, taking tools, fixtures and jigs from initial concept to working prototype in just one day. Through the more than 10-year partnership with Stratasys, Toyota engineers have access to industrial-grade 3D printers and advanced materials designed to withstand tough factory conditions. These Stratasys high-performance polymers reduce reliance on external suppliers and long lead times, giving frontline engineering teams the ability to iterate rapidly and adapt to shifting production needs in real time. Toyota is currently using the Stratasys F3300, F900, Origin One, F770, Neo800, H350, F370, J850, and Fortus 450mc printers to produce robust factory tooling, end-use parts, and functional prototypes throughout its North American facilities. See how Toyota is using additive manufacturing in this video. By integrating Stratasys industrial 3D printing solutions across its North American operations, Toyota can transform ideas into durable, customized tools that support workflows, enhance worker safety, and withstand wear and tear. Much of this work is powered by the Toyota Add Lab, the company's in-house additive manufacturing center that was opened in January 2023 and dedicated to accelerating R&D and factory innovation. "Sometimes we start with nothing more than a sketch on paper or an idea in our heads," said Dallas Martin, Additive Manufacturing Engineer at Toyota North America. "We can model it digitally and hold a working part in our hands the very next day. That speed lets us move quickly, implement safer solutions, and continuously iterate to improve our processes." The collaboration reflects Stratasys' broader commitment to helping automotive leaders transform their manufacturing workflows with scalable, cost-effective additive solutions that drive innovation. From jigs and fixtures to ergonomic aids and complex assembly tools, additive manufacturing is helping Toyota team members solve production challenges with unprecedented speed and flexibility. "Additive manufacturing has transformed how our teams collaborate and innovate," said Lisa Bednar, Group Manager, Production Engineering at Toyota North America. "Instead of sending an idea out and waiting weeks for a part, we're building it ourselves, refining it the same day, and getting it into production faster. It's not just about speed — it's about giving our people the tools to think differently and act immediately." Thanks in part to the Add Lab's innovations, Toyota engineers have used 3D printing to redesign a door assembly fixture, creating a lighter, more ergonomic tool on-site in just a few days. In another case, they developed a custom window alignment jig that turned a multi-person job into a one-person task, boosting both safety and efficiency. "Toyota is a standout example of how leading manufacturers are leveraging additive manufacturing to deliver meaningful operational impact," said Rich Garrity, Chief Industrial Business Officer at Stratasys. "Their teams are using our technology to move faster, adapt on the fly, and build safer, more efficient production environments. We're proud to support a partner that's turning bold ideas into real-world, measurable improvements on the factory floor." About Stratasys Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care. To learn more about Stratasys, visit the Stratasys blog, X/Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including Stratasys' websites, to share material, non-public information pursuant to the SEC's Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings. View source version on Contacts Media and Investor contacts: Stratasys Corporate, North America & EMEA Chris +1 651 357 0877 Stratasys Corporate, Israel & EMEA Erik +972 74 745 6053 Investor Relations Yonah +972 74 745 4919
