Key Developments: Stratasys Ltd (SSYS.O)
88.01USD
17 May 2013
$1.63 (+1.89%)
$86.38
$87.23
$89.22
$86.40
596,658
805,871
$94.90
$42.71
Latest Key Developments (Source: Significant Developments)
Stratasys Ltd Reaffirms FY 2013 Guidance
Stratasys Ltd announced that for fiscal 2013, it expects revenue to be in the range of $430 million to $445 million, Non-GAAP earnings to be in the range of $1.80 to $1.95 per share and GAAP earnings to be in the range of ($0.41) to ($0.16) per share loss. Non-GAAP earnings guidance excludes $60.5 million of projected amortization of intangible assets; $20.5 million to $23.0 million of share-based compensation expense; and $7.2 million to $8.8 million in merger-related expenses. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $438 million and EPS of $1.88 for fiscal 2013. Full Article
Stratasys Ltd And Scheu Dental GmbH Announces Collaboration In Digital Orthodontics Market
Stratasys Ltd announced collaboration with Scheu Dental GmbH for offering orthodontic labs a complete digital solution. The collaboration with Scheu Dental GmbH is expected to expand digital orthodontic sales globally. Full Article
Stratasys Ltd Issues FY 2013 Guidance; Revenue Guidance Above Analysts' Estimates
Stratasys Ltd announced that for fiscal 2013, it expects revenue to be in the range of $430 million to $445 million, Non-GAAP earnings to be in the range of $1.80 to $1.95 per share and GAAP earnings to be in the range of ($0.41) to ($0.16) per share loss. Non-GAAP earnings guidance excludes $60.5 million of projected amortization of intangible assets; $20.5 million to $23.0 million of share-based compensation expense; and $7.2 million to $8.8 million in merger-related expenses. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $421 million and EPS of $1.86 for fiscal 2013. Full Article
Stratasys Inc and Objet Ltd Complete Merger
Stratasys, Inc. and Objet Ltd announced the completion of their merger. The combined company will trade on the NASDAQ stock exchange as Stratasys Ltd under the symbol SSYS beginning December 3, 2012. Based on the closing price of Stratasys Inc. stock on November 30, 2012, the market capitalization of the new company will be approximately $3.0 billion. Full Article
Stratasys Inc and Objet Ltd Complete Merger
Stratasys, Inc. and Objet Ltd announced the completion of their merger. The combined company will trade on the NASDAQ stock exchange as Stratasys Ltd under the symbol SSYS beginning December 3, 2012. Based on the closing price of Stratasys Inc. stock on November 30, 2012, the market capitalization of the new company will be approximately $3.0 billion. Full Article
Stratasys Inc And Objet Ltd Receives CFIUS Approval For Merger
Stratasys Inc and Objet Ltd announced that they have been informed by the Committee on Foreign Investment in the United States (CFIUS) that it has completed review of the proposed merger and has given formal approval of the transaction. The companies have signed a Letter of Assurance with the U.S. Government that addresses certain national security concerns with the proposed transaction. The companies have agreed to modify certain business processes that the U.S. Government believes could potentially create national security issues in the future. The companies believe these business modifications are reasonable and will not materially affect the business of the combined company. Having previously satisfied all other closing conditions, Stratasys and Objet intend to close the merger on or before December 6, 2012. Full Article
Stratasys Inc And Objet Ltd Receives CFIUS Approval For Merger
Stratasys Inc and Objet Ltd announced that they have been informed by the Committee on Foreign Investment in the United States (CFIUS) that it has completed review of the proposed merger and has given formal approval of the transaction. The companies have signed a Letter of Assurance with the U.S. Government that addresses certain national security concerns with the proposed transaction. The companies have agreed to modify certain business processes that the U.S. Government believes could potentially create national security issues in the future. The companies believe these business modifications are reasonable and will not materially affect the business of the combined company. Having previously satisfied all other closing conditions, Stratasys and Objet intend to close the merger on or before December 6, 2012. Full Article
Stratasys Inc Raises FY 2012 Guidance
Stratasys Inc updates it fiscal 2012 guidance and expects revenue to be in the range of $194 million to $199 million, versus previous guidance of $193 million to $198 million. Non-GAAP earnings guidance of $1.37 to $1.40 per share, versus previous guidance of $1.31 to $1.38 per share. GAAP earnings guidance of $0.77 to $0.88 per share, versus previous GAAP guidance of $0.83 to $0.98 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $195 million and EPS of $1.35 for fiscal 2012. Full Article
Stratasys Inc Raises FY 2012 Guidance
Stratasys Inc updates it fiscal 2012 guidance and expects revenue to be in the range of $194 million to $199 million, versus previous guidance of $193 million to $198 million. Non-GAAP earnings guidance of $1.37 to $1.40 per share, versus previous guidance of $1.31 to $1.38 per share. GAAP earnings guidance of $0.77 to $0.88 per share, versus previous GAAP guidance of $0.83 to $0.98 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $195 million and EPS of $1.35 for fiscal 2012. Full Article
Stratasys Inc Agrees To Settle Merger Litigation
Stratasys Inc announced that it has signed a memorandum of understanding to settle the previously disclosed class action lawsuit captioned Hennig v. Crump, et al., C.A. No. 7670-VCL pending in the Delaware Court of Chancery and the class action lawsuit in the District Court, Fourth Judicial District, Hennepin County, Minnesota entitled Legette v. Crump, et al., File No. 27-cv-12-14321. A third action, Askersrud v. Stratasys Inc., et al., also pending before District Court, Fourth Judicial District, Hennepin County, Minnesota under File No. 27-cv-12-15581, will be voluntarily dismissed by the plaintiff. Full Article
BRIEF-Stratasys up in premarket after Q4 results, outlook
NEW YORK, March 4 - Stratasys Ltd : * Up 11.4 percent to $71.60 in premarket after Q4 results, outlook
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