Stratasys (NASDAQ:SSYS) reported its Q1 earnings results on Tuesday, May 16, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Stratasys beat estimated earnings by 133.33%, reporting an EPS of $0.02 versus an estimate of $-0.06.

Revenue was down $14.05 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 3.26% increase in the share price the next day.

Here's a look at Stratasys's past performance:

To track all earnings releases for Stratasys visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.