Stratasys Ltd earnings beat by $0.01, revenue fell short of estimates

investing.com 29/08/2024 - 11:07 AM

Stratasys Ltd Earnings Report

Investing.com – Stratasys Ltd (NASDAQ: SSYS) reported second quarter EPS of $-0.04, which is $0.01 better than the analyst estimate of $-0.05. Revenue for the quarter was $138M, compared to the consensus estimate of $146.38M.

Guidance

Stratasys Ltd projects FY 2024 EPS between $0.01-$0.05, lower than the analyst consensus of $0.15.

The stock price closed at $7.68, down -11.32% in the last 3 months and -46.48% in the past year. In the last 90 days, Stratasys Ltd experienced 0 positive EPS revisions and 6 negative EPS revisions.

According to InvestingPro, Stratasys Ltd has a Financial Health score indicating fair performance.

Stay updated on Stratasys Ltd’s earnings performance and financials through Investing.com’s earnings calendar.




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