Stratasys Reports Record Fourth Quarter Financial Results; Extends Contract with HP



Via News Release

Stratasys, Inc. (NASDAQ:SSYS) today announced fourth quarter and full year financial results.

The company reported record revenue of $33.8 million for the fourth quarter ended December 31, 2010, a 29% increase over the $26.2 million reported for the same period in 2009. System shipments for the fourth quarter totaled a record 632 units, a 47% increase over the 431 units for the same period last year.”

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Wide Format Online also reports that “CEO Scott Crump said HP exceeded their forecast and they will now expand the geographical areas as well as introduce new products.”