Market Overview

Stratasys Reports Q4 Earnings; Shares Fall


Stratasys (NASDAQ: SSYS) reported its earnings before the market opened on Monday. Shares of the 3D maker were down in excess of $3.50, but are showing signs of a recovery. Shares of 3D Systems (NYSE: DDD) and the ExOne Company (NASDAQ: XONE) are also down 1.92 and 2.38 percent ,respectively.

Stratasys is continuing to show growth that every investor would like to see. For the fourth-quarter, the MakerBot Company reported adjusted-diluted EPS of $0.50, up $0.10 year-over-year. For the entire year, Stratasys reported EPS of $1.84, compared to $1.49 a year earlier.

Revenue also jumped, as they reported a 155.8 million in non-GAAP revenues, up from $96.4 million year-over-year. For the entire year, revenue was reported at $486.72 million.

Guidance was fairly well, as the company announced that it expects full-year guidance to be $660 to $680 million, with an EPS of $2.15 to $2.25. The company also announced that it expects organic sales to rise by a minimum of 25 percent, and expects its MakerBot line to increase even more.

This is what the CEO David Reis had to say about the fourth-quarter's performance:

"Our fourth quarter results reflect the ongoing realization of revenue synergies from the Stratasys-Objet merger, as well as the rapidly growing demand for additive manufacturing and 3D printing solutions we are observing worldwide, We experienced strong organic growth driven by demand across multiple product lines, as well as an impressive contribution from MakerBot. In addition, a favorable product mix benefited margins, and helped contribute to our record profits. We are very pleased with our fourth quarter and overall annual results."

The bad news in this earnings report was that operating expenses are going up dramatically, as the company invests more in increasing its sales, research and development. Capital spending is also expected to increase anywhere from $50 million to $70 million.

Posted-In: 3D Printing StratasysEarnings News Guidance


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