Stratasys announces a 10% workforce reduction I just put up the post about no PLMish layoffs — and Stratasys puts out a press release that says that it will cut its global workforce by about 10%, mostly before the end of June and all by the end of the summer....
There’s hope in the world of 3D printers! Stratasys announced earnings just now and provided guidance for 2016 that looks pretty good. Not awesome, mind you, but: Total revenue for Q4 was $173 million, down 20% from a year ago Citing weak demand from industrial...
Late yesterday, Stratasys announced that Q3 results would be well below expectations, coming in at around $167 million (versus earlier guidance of $155 million to $190 million), with a GAAP net loss of $155 million to $190 million that’s largely due to asset...
It’s always fascinating to see what brings people to the Schnitger Corp. website. Some of it makes sense: I write about PLM and you want to know about PLM — boom! Sometimes, though, it’s not so obvious … Do you really want me to write more...
Wow – what a day. And it’s not even 9AM! First up, Autodesk says that most new commercial seats of standalone software will be sold via subscription beginning on February 1, 2016. From the company’s perspective, this move creates revenue stability and...
I’m at the Autodesk #AcceleratePLM14 conference about PLM 360, so can really only reblab the press release — deeper analysis to come. But you knew something like this was the endgame, right? The juicy parts of the press release: “Stratasys …...
Welcome to your Monday! Last week was a doozie, so let’s get right to it. It’s the Economy … We’ve got good news, bad news and good news. On the good news side, US employers added 192,000 jobs in March. That’s better than recent months but bad news...
The news from the additive manufacturing world just won’t slow down, and this week seems to be focusing on building service capacity. This morning, Stratasys announced that it is acquiring “certain assets” of Interfacial Solutions, a Wisconsin...
We’re used to 3D printer news coming from hardware vendors like Stratasys and 3D Systems. But there are software vendors in this space, too, and the hardware vendors are looking to service bureaus to strengthen their ties with customers — it’s not...
Remember how I wrote on Monday that the PLMish world was quiet, at least as far as acquisitions were concerned? I spoke too soon! Yesterday we learned of three deals, one in process modeling and two in 3D printing. Neither is an April Fool’s joke, though there...