{"id":70414,"date":"2019-07-29T15:16:53","date_gmt":"2019-07-29T07:16:53","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/stratasys-has-released-its-2014-q1-financial-results.3dm"},"modified":"2019-07-29T15:16:53","modified_gmt":"2019-07-29T07:16:53","slug":"stratasys-has-released-its-2014-q1-financial-results","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/stratasys-has-released-its-2014-q1-financial-results\/","title":{"rendered":"Stratasys Has Released its 2014 Q1 Financial Results"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p>Just this morning, Stratasys Ltd. (NASDAQ: SSYS) released its first quarter financial results, which look healthy enough to me \u2014 but what do I know? To my inexperienced business eye, non-GAAP revenue growth of 54% in the first quarter, as compared with the same period last year, seems pretty good news for the company and positive for the industry as a whole. Stratasys does go out of its way to point out however, that this percentage growth figure reduces to 33% when excluding the revenue contribution from MakerBot products and services. And with this announcement they do that quite a lot \u2014 perhaps in a bid to maintain Makerbot\u2019s identity, following the merger \/ acquisition \/ coming together of the two companies last year, while also demonstrating strength and growth across the whole company.<\/p>\n<p>In that vein, Stratasys further reports that <em>\u201c\u2026system and consumables revenue grew by 40% and 29%, respectively, when excluding the contribution from MakerBot products. MakerBot branded products and services contributed $20.6 million to first quarter revenue, a 79% increase over the revenue that MakerBot generated as an independent company during the first quarter of 2013.\u201d <\/em><\/p>\n<p>Furthermore, sales of the company\u2019s higher-margin products and services, for that read the Fortus and Connex ranges, drove a significant increase in non-GAAP gross margin for the first quarter, which expanded to a record 60.9% compared to 59.0% for the same period last year.<\/p>\n<p>There\u2019s a big long list of the results in summary here, should you be interested. And I\u2019m sure that if you use Google appropriately, you can find a &#8216;proper&#8217; analyst with an opinion that matches yours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just this morning, Stratasys Ltd. (NASDAQ: SSYS) released its first quarter financial results, which look healthy enough to me \u2014 but what do I know? To my inexperienced business eye, non-GAAP revenue growth of 54% in the first quarter, as compared with the same period last year, seems pretty good news for the company and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[173],"class_list":["post-70414","post","type-post","status-publish","format-standard","hentry","category-aerospace","tag-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stratasys Has Released its 2014 Q1 Financial Results - FacFox News<\/title>\n<meta name=\"description\" content=\"Just this morning, Stratasys Ltd. 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