Stratasys Records $66.3M Consumables Revenue as System Sales Dip
Stratasys reported record consumables revenue of $66.3 million on its Q2 earnings call. Aerospace and defense grew 17% year over year, while Quickparts expanded its relationship by buying 12 Neo 800-plus systems, including three in Europe. The company also won a two-year $7.8 million America Makes program. System revenue fell and margins slipped, alongside a widening GAAP net loss.