MINNEAPOLIS, MN & REHOVOT, Israel, May 16, 2017 – Stratasys Ltd., the 3D printing and additive manufacturing solutions company, announced financial results for the first quarter of 2017.

Comparative analysis based on Stratasys’s financial results in the last 12 quarters (Result source Stratasys website)

Comparative analysis based on Stratasys’s financial results in the last 12 quarters (Result source Stratasys website)

Revenue for the first quarter of 2017 was $163.2 million, compared to $175.3 million for the last period last year. Net loss was 13.9 million.

“We remain encouraged by our performance within our key vertical markets during the first quarter, driven by our initiatives to drive customer engagement,” said Ilan Levin, chief executive officer of Stratasys. “In addition, we believe that strong utilization of our installed base of systems was demonstrated by steady growth in consumables and customer support revenue during the period, while improved focus…

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