Editor’s Note: Related Tickers: ExOne Co (NASDAQ:XONE), 3D Systems Corporation (NYSE:DDD), Stratasys, Ltd. (NASDAQ:SSYS), Staples, Inc. (NASDAQ:SPLS)
The ExOne Company Reports Strong Revenue Growth in First Quarter 2013 (GlobeNewswire)
The ExOne Co (NASDAQ:XONE) (“ExOne” or “the Company”), a global provider of three-dimensional (“3D”) printing machines and printed products to industrial customers, reported financial results today for its 2013 first quarter, which ended March 31, 2013. Revenue for the first quarter of 2013 was $7.9 million compared with revenue of $2.7 million for the first quarter of 2012, an increase of $5.2 million. Net loss attributable to ExOne Co (NASDAQ:XONE) for the first quarter of 2013 was $1.9 million compared with a net loss attributable to ExOne of $1.5 million for the first quarter of 2012, an increase of $0.4 million. Increased net loss was primarily the result of higher operating expenses which were partially offset by improved gross profit.
3D Systems Corporation (NYSE:DDD) announced the launch of its integrated design-to-manufacturing software tools under its Geomagic Solutions brand combining 3D Systems’ comprehensive reverse engineering tools together with its affordable mechanical CAD, fully automated inspection and verification software and its cutting-edge haptic modeling to deliver intra-operable design functionality. Geomagic Solutions includes a voxel-based modeler that is 3D printer ready, further enhancing engineering productivity and parts manufacturability. “We are thrilled to re-shape the engineers’ desktop with game changing design-to-manufacturing tools that deliver enhanced productivity and embedded manufacturability,” said Calvin Hur, Vice President and General Manager, 3D Systems Corporation (NYSE:DDD) Geomagic Solutions.
Stratasys Raises Standard for Dental Model Production with New VeroDentPlus Material (PR Newswire)
Stratasys, Ltd. (NASDAQ:SSYS), a leading manufacturer of 3D printers and production systems for prototyping and manufacturing, today announced the immediate availability of VeroDentPlus MED690 dental material for the Objet EdenV series of 3D Printers. VeroDentPlus MED690 enables the 3D printing of dental models that are highly accurate, economical to produce, and offer the appearance of dental stone with fine details and resolution. The new material can be used in conjunction with all open intra-oral impression and plaster scanners and is optimized for printing models for crowns, bridges, orthodontic appliances, and implants.
ExOne Focusing On Industrial 3D Printing Applications (Investor’s Business Daily)
All along, ExOne Co (NASDAQ:XONE) was plotting a different strategy. In an interview with IBD in late February, CEO Kent Rockwell said what sets ExOne apart is that it uses a wider range of materials to print products. These materials provide the ability for ExOne printers to make production-grade objects and castings out of stainless steel, bronze and glass, silica sand and ceramics. ExOne Co (NASDAQ:XONE) focuses primarily on printers for large industrial companies with big capital spending budgets, such as aerospace, automotive, heavy equipment, and liquid and gas transmission.
3D Systems: Reality Check Just Weeks Away (YCharts)
Staples, Inc. (NASDAQ:SPLS) said Friday it will become the first major U.S. retailer to sell the company’s Cube 3D printers in some stores in late June. Priced at about $1,300 and recently sold on Staples’ website, the printers turn designs into objects made of plastic. 3D Systems Corporation (NYSE:DDD) gains a continuing revenue stream with every sale because it also sells the replacement materials needed for them. The success, or failure, of these in-store sales will help investors answer a key question about 3D printers: are they just niche products for hobbyists and artists; or is this a product no home will be without?
Stratasys 1Q adj. profit tops analysts’ estimates (Businessweek)
Stratasys, Ltd. (NASDAQ:SSYS), which makes three-dimensional printers used to produce models and prototypes, on Monday posted a loss in its first quarter, pulled down mostly by costs related to its acquisition of Israeli rival Objet. Its adjusted results topped Wall Street’s forecasts. The company lost $15.5 million, or 40 cents per share, for the three months ended March 31. That compares with a profit of $4.5 million, or 21 cents per share, a year ago.
