Cost EfficiencyThe strategic review outlined a new restructuring initiative, resulting in $40 million of annualized cost reductions as a result of a 15% headcount reduction.
Financial PerformanceSSYS delivered better-than-expected Q3 results and provided a solid Q4 guide.
Strategic PositioningSSYS appears well-positioned in key target markets that include aerospace and defense, automotive tooling, and dental and medical.