In-demand systems drive Q2 revenues at ”Stratasys

System shipments totalled 776 units for the second quarter of 2012, compared to 735 units for the same period last year.

Stratasys also reported revenue of US$94.4 million for the six-month period ended June 30, 2012, a 30% increase from the US$72.4 million for the same period last year.  

“Our results represent another impressive quarterly performance driven by the strong positive growth momentum we continue to observe in our systems and consumables revenue,” said Scott Crump, chairman and CEO of Stratasys. “Strong sales of our higher-end Fortus systems helped drive a 33% increase in system revenue during the second quarter, while a 34% increase in consumable revenue resulted from our expanding installed base of systems.”  

Crump reports that Stratasys is making significant progress in preparing for its recently announced plan to combine with Objet Ltd, a privately held global company that manufactures 3D printers for rapid prototyping. "We recently completed the organizational structure for the combined company, which has been communicated to all employees, and we are nearing the completion of an integration plan that we will initiate upon the closing of the transaction," he said.