Stratasys: Q2 Earnings Insights

Shares of Stratasys SSYS moved lower by 0.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 181.25% over the past year to ($0.13), which beat the estimate of ($0.20).

Revenue of $117,623,000 decreased by 27.91% year over year, which missed the estimate of $121,740,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Stratasys hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 05, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/ssys/mediaframe/39720/indexl.html

Price Action

52-week high: $25.63

52-week low: $12.18

Price action over last quarter: down 1.79%

Company Description

Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Stratasys subsidiaries include printer makers MakerBot and Solidscape. Stratasys generates revenue through 3D printing systems, related services and consumables and by providing additive manufacturing solutions.