Friday, November 2, 2012

3-D Printing: Stratasys Guides Inline, Stock Gacks (SSYS)

Sometimes you get lucky.
The stock is trading at $60.52, down 10.46%.
From Investors Business Daily: 
3D Printer Maker Stratasys Stock Falls On Q4 Guidance
Stratasys (SSYS), a maker of 3D printers, posted better-than-expected third-quarter results Friday, but its in-line guidance for Q4 disappointed investors. Its stock was down nearly 9 in afternoon trading.
The Eden Prairie, Minn.-based company earned 40 cents a share, excluding items, up 38% from a year earlier, on sales of $49.7 million, up 24%. Analysts polled by Thomson Reuters expected Stratasys to earn 37 cents a share on sales of $48.9 million.

For the current quarter, Stratasys expects to earn 39 cents a share, up 26%, on sales of $52.4 million, up 23%, matching Wall Street's view, based on the midpoint of its guidance.

Stratasys shipped 911 systems in the third quarter, up 52% from a year ago. Its machines are used by the aerospace, architecture, automotive, consumer products and other industries to rapidly prototype products and make custom parts from three-dimensional computer models....MORE
Previously:
3D Systems Beats, Raises, Jumps But It and Stratasys Form a Base (DDD; SSYS)
DDD closed up 13.7% at $40.85. This may be time for a pause in the stock action....
...SSYS closed at $66.49, up 7.85%...
It's Official: 3-D Printing Has Gone Mainstream (DDD; SSYS)
With Friday's 5.46% gain for Stratasys and 3.39% for 3D Systems followed by 1.89% and 3.74% moves today, I think my work here is done.

Time to sell out to the Young Turks, shut down the blog and buy the island I've been promising myself....