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0.00028694404591099 -0.00028694404591099 0 -0.000860832137733175 -0.00430416068866567 -0.0100430416068867 -0.0100430416068867 -0.0140602582496414
Stock impact report

Stratasys' Revenue Declines 6% on Weak 3D Printer Sales; Stock Drops 10% [The Motley Fool]

Stratasys, Ltd. (SSYS) 
Last stratasys, ltd. earnings: 2/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.stratasys.com/investor-relations
Company Research Source: The Motley Fool
Stratasys' Revenue Declines 6% on Weak 3D Printer Sales; Stock Drops 10% Management does not believe the tepid first-quarter revenue results represent a fundamental change in the demand environment. Stratasys ( NASDAQ:SSYS ) reported first-quarter 2018 earnings before the market opened on Wednesday. Revenue declined 5.8% year over year, loss per share narrowed to $0.24, from $0.26, and adjusted earnings per share came in flat at $0.05. Management attributed the weak revenue performance -- which hurt the bottom line -- to "underperformance in North America related to high-end 3D printing system orders, specifically from customers in government and other key verticals such as aerospace and automotive." Shares plummeted to a closing loss of 10.1% on Wednesday. We can attribute the market's reaction to both revenue and adjusted earnings coming in weaker than most investors were likely expecting. Data source: Stratasys. GAAP = generally accepted accounting principles. GAAP gross margin w Show less Read more
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