Aleph Objects Releases Second Quarter and Six Months 2016 Financial Results
- For the second quarter of 2016, the company reported revenue of US$5.8 million, recording four consecutive profitable quarters
- Second quarter 2016 represents an 83% improvement in year-over-year revenue versus second quarter 2015
- Year-to-date 2016, the company reported profitable performance on revenue of $10.5 million
Quarterly revenue was driven by strong performance across the company's entire line of products, including desktop 3D printers, accessories, and materials. The company's internal customer surveys indicate strong growth in personal and professional use of desktop 3D printing across dozens of applications, with over 98% of customers saying they would recommend LulzBot products.
Aleph Objects released several new products, led by the LulzBot TAZ 6 desktop 3D printer. The company updated its core software, Cura LulzBot Edition, and released High Temperature PLA from Proto-pasta. Aleph Objects improved its value proposition for enterprise and expert users with the new LulzBot TAZ FlexyDually Tool Head v2.
“The desktop 3D printing industry is transforming countless other industries, with a flight to quality as end users look for the best solutions to address their needs.” Aleph Objects, Inc. President and CEO Jeff Moe said. “We are expanding our production capabilities and are eager to continue serving our users around the world as the 3D printing industry grows.”
Aleph Objects, Inc.
About: Founded in January 2011 and built on the philosophy of freedom, Aleph Objects, Inc. is a Free Software, Libre Innovation, and Open Source Hardware company. Headquartered in Loveland, Colorado, USA, Aleph Objects designs, develops, and manufactures the LulzBot line of 3D printers, parts, and plastics. Find a full press kit here: https://www.lulzbot.com/press/
Press Contact: firstname.lastname@example.org
LulzBot is a registered trademark of Aleph Objects, Inc.
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