Stratasys eased concerns of a slowdown in the 3D printer market, posting better-than-expected Q2 earnings early Thursday that won praise from analysts. The 3D printer maker posted revenue to $178.5 million, up 56% from the year-earlier quarter. That beat the analyst consensus estimate by $21 million. Stratasys (SSYS) reported earnings per share minus items of 55 cents, up 22% and above the consensus estimate of 45 cents, as polled by Thomson
Sprint and T-Mobile shareholders punished both stocks on Wednesday after merger talks between the two wireless carriers ended, but Dish Network rose as its CEO demurred on any takeover bid. Struggling Sprint (S) halted its pursuit of T-Mobile US (TMUS), the industry’s comeback kid, after concluding that a deal would not win regulatory approval. Federal Communications Commission Chairman Tom Wheeler praised Sprint’s decision. U.S regulators prefer
Zendesk lived up to its image of a young growth company by soundly beating top- and bottom-line estimates for the second quarter in its first report as a public company late Tuesday. The company’s revenue outlook for the current quarter also easily beat views. Zendesk’s (ZEN) stock jumped nearly 6% in after-hours trading after ending the day at 17.97 a share, up nearly 3%. Company shares have nearly doubled in price from its offering of 9 a share