3-D printing firm Stratasys reports wider third-quarter loss
Stratasys, a 3D printing company, released its third But the results were better than analysts expected. For the three- During the month, the company reported a net loss of $6. 6 million, 16 cents per share. By contrast, $2 was lost. The same period a year ago was 8 million, or 7 cents per share. Revenue grew to $125. 6 million. Eden Prairie in Minnesota The company, which has built expensive printers for companies such as Boeing and General Motors for decades, recently bought rival MakerBot Industries for $0. 403 billion in stock to enter the emerging consumer market. The deal is seen as another sign of emerging markets being able to print 3- D. according to computerized design, objects are placed by depositing materials layer by layer. David Reis, Stratasys ceo, said the company \"achieved strong growth across multiple product lines, addressing an ever-expanding range of applications. \"We are particularly pleased that MakerBot has increased its contribution by $11. \"During this period, revenue was 6 million,\" he said in a statement on Thursday . \".