The second edition of Tomorrow.Building World Congress, held in Barcelona from November 5 to 7, brought together leading innovation companies and experts to explore the latest technological advancements transforming the construction industry. The event showcased cutting-edge solutions for sustainable and efficient construction, highlighting the power of 3D printing, IoT, drones, VR, BIM, and Digital Twins.
Stratasys, Ltd (SSYS) stock surged in pre-market trading after the 3D printing company reported better-than-expected third-quarter earnings, exceeding revenue estimates despite a year-over-year decline. While the company faces revenue challenges due to macroeconomic factors, its adjusted gross margin improved, and it returned to non-GAAP profitability, driven by strong traction for its flagship F3300 platform and growth in the Aerospace, Automotive, and Healthcare sectors. The company also reaffirmed its full-year revenue outlook and expects significant cost savings in 2024.
Black Buffalo 3D and LIUNA, Eastern Region, have joined forces to equip union members with the skills needed to participate in the rapidly growing 3D construction industry. This partnership will provide hands-on training at Black Buffalo 3D’s headquarters, offering a unique opportunity for LIUNA members to gain expertise in 3D construction printing and secure a future in this innovative field.
The 2024 World Manufacturing Convention in Hefei, China, brought together global industry leaders, innovative technologies, and cutting-edge concepts, highlighting advancements in robotics, 3D printing, quantum computing, and green manufacturing. The event served as a platform for collaboration and discussion on the future of the manufacturing industry.
Proto Labs, Inc. (PRLB) has announced the launch of its Axtra3D Hybrid PhotoSynthesis (HPS) technology, marking a significant expansion of its 3D printing capabilities. This new technology complements Proto Labs’ existing offerings, catering to a wider range of customer needs and extending its reach into production applications. The company also reported strong second-quarter earnings, exceeding analyst expectations.
Stratasys, a 3D printing company, reported disappointing second-quarter results, missing revenue expectations and lowering its full-year guidance. The company also announced plans to reduce its workforce by 15% to cut costs and improve profitability. Despite the negative news, some analysts remain optimistic about the company’s future prospects.
Stratasys, a leading 3D printer manufacturer, missed revenue estimates in the second quarter of 2024, but earnings were in line with expectations. The stock currently holds a Zacks Rank #3 (Hold), suggesting it’s likely to perform in line with the market in the near future. While the company faces challenges, investors are watching for earnings revisions and management’s guidance on the earnings call.
Stratasys, a leading 3D printing solutions provider, is set to report its second-quarter 2024 earnings on August 29. While the company faces headwinds from macroeconomic pressures, its recent product launches and growing demand for 3D solutions could drive positive results.
CollPlant Biotechnologies and Stratasys are collaborating to develop 3D printed regenerative breast implants using CollPlant’s rhCollagen-based bioinks. The pre-clinical study aims to evaluate the implants’ ability to stimulate natural breast tissue growth and completely degrade over time, offering a potential game-changer in breast reconstruction and augmentation procedures.
Xbox is expanding its accessibility efforts with the launch of the Xbox Adaptive Joystick, a one-handed controller designed for players with limited mobility. This new device, along with 3D printable thumbstick toppers and two new accessible controllers, demonstrates Xbox’s continued commitment to inclusive gaming.
