Stratasys: The Rally Will Remain Challenged
Stratasys reported stabilizing Q1 numbers as product revenues again fell.
The company painted a picture of a challenging market where customers are shifting down towards lower costs printers.
The market still needs to work off previous investments before Stratasys returns to growth mode.
The Q1 results for Stratasys (NASDAQ:SSYS) were highly impacted by the ongoing challenging market for 3D printers. The ability to improve operations while product sales remain weak provides for stability, but investors aren't likely to chase the stock higher on stability alone.
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