The 3D Printing Industry Awards 2022 shortlists are now available for voting. Who will win the 2022 3DPI Awards? Have your say by casting your vote now.
3D printer OEM Stratasys (SSYS) has announced that its revenue rose 2.0% during Q3 2022 despite facing continued macroeconomic headwinds.
Stratasys brought in $162.2 million during Q3 2022, a marginal improvement on the $159.0 million it generated in Q3 2021, but a 3.1% decline against Q2 2022. The firm credits its annual revenue growth to strong demand for its 3D printers, but admits that prolonged sales cycles and delays in acquiring consumables impacted its quarterly numbers.
“We delivered our highest third quarter revenue in seven years. This was driven by 18.9% growth in our systems, excluding divestitures and on a constant currency basis,” said Dr. Yoav Zeif, CEO of Stratasys. “We have now achieved five consecutive…
