SSYS Stock – Stratasys Shares, Other 3D Printing Stocks Sink on Outlook

by Christopher Freeburn | January 14, 2014 9:34 am

SSYS Stock – Stratasys Shares, Other 3D Printing Stocks Sink on Outlook

3d printer 300x275 SSYS Stock   Stratasys Shares, Other 3D Printing Stocks Sink on Outlook[1]3D printing stocks fell broadly in pre-market trading on Tuesday morning after a leading 3D printing company released its outlook for fiscal 2014[2].

Stratasys (SSYS[3]) said it anticipates an annual profit between $2.15 and $2.25 per diluted share on yearly revenue of between $660 million and $680 million. Wall Street had been looking for 2014 earnings of about $2.33 a share on revenue of $656.8 million, StreetInsider notes.

SSYS stock dropped more than 4% on the guidance. Other 3D printing stocks 3D Systems Corp. (DDD[4]) and Voxeljet AG (VJET[5]) fell by more than 1%, while 3D printing stocks The ExOne Company (XONE[6]) and Proto Labs, Inc. (PRLB[7]) sank by more than 2%.

3D printing stocks have been rising as the price of 3D printers falls, putting the technology within the reach of consumers. A number of 3D printing stocks have emerged as leaders in the growing industry[8].

Luxury electric car maker Tesla Motors (TSLA[9]) recently turned to 3D Systems to create cup holders for its pricey Model S car[10].

More 3D Printing Headlines:

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2013/11/3d-printer.jpg
  2. released its outlook for fiscal 2014: http://www.streetinsider.com/Guidance/3-D+Printers+Fall+Following+Stratasys+%28SSYS%29+FY14+Outlook+%28DDD%29+%28VJET%29/9052090.html
  3. SSYS: http://studio-5.financialcontent.com/investplace/quote?Symbol=SSYS
  4. DDD: http://studio-5.financialcontent.com/investplace/quote?Symbol=DDD
  5. VJET: http://studio-5.financialcontent.com/investplace/quote?Symbol=VJET
  6. XONE: http://studio-5.financialcontent.com/investplace/quote?Symbol=XONE
  7. PRLB: http://studio-5.financialcontent.com/investplace/quote?Symbol=PRLB
  8. have emerged as leaders in the growing industry: http://investorplace.com/2013/12/5-hottest-3d-printing-companies/#.UtVHe3m1Kf1
  9. TSLA: http://studio-5.financialcontent.com/investplace/quote?Symbol=TSLA
  10. to create cup holders for its pricey Model S car: http://investorplace.com/2014/01/tsla-stock-3d-printing-tesla-model-s/#.UtVGv3m1Kf0
  11. 3 Top 3D Printing Stocks to Buy Now: http://investorplace.com/2013/11/3d-printing-stocks-ddd-ssys-xone/#.UtVQgXm1Kf0
  12. 3D Printers Gain Steam, Boost 3D Printing Stocks: http://investorplace.com/2013/12/3d-printers-3d-printing-stocks-ddd/#.UtVQrnm1Kf0
  13. The Most Amazing Uses of 3D Printing: http://investorplace.com/2013/11/3d-printing/#.UtVQ1Hm1Kf0

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