Stratasys: Q3 Earnings Insights

Shares of Stratasys SSYS decreased 2.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 141.67% year over year to ($0.05), which beat the estimate of ($0.07).

Revenue of $127,892,000 decreased by 18.78% year over year, which beat the estimate of $122,140,000.

Outlook

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

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

How To Listen To The Conference Call

Date: Nov 12, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/ssys/mediaframe/41658/indexl.html

Technicals

Company's 52-week high was at $22.21

Company's 52-week low was at $11.89

Price action over last quarter: down 6.86%

Company Overview

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.