Stratasys (SSYS) Tops Q2 EPS by 6c

Stratasys (NASDAQ: SSYS) reported Q2 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $172.1 million versus the consensus estimate of $175.79 million.

“We believe that our technological platforms and customer reach are unmatched within the industry and represent assets with significant potential for further development,” continued Levin. “The central principle of our strategy is meeting the needs of customers by further leveraging our core assets to cultivate new and more advanced capabilities for prototyping and manufacturing applications within key vertical markets. Providing enhanced additive manufacturing value to our customers is our number one priority.”

GUIDANCE:

Stratasys sees FY2016 EPS of $0.17-$0.43, versus the consensus of $0.33. Stratasys sees FY2016 revenue of $700-730 million, versus the consensus of $711.53 million.

For earnings history and earnings-related data on Stratasys (SSYS) click here.

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