Stratasys, Inc. (SSYS) Tops Q2 EPS by 10c; Raises Outlook

Stratasys, Inc. (NASDAQ: SSYS) reported Q2 EPS of $0.55, $0.10 better than the analyst estimate of $0.45. Revenue for the quarter came in at $178.5 million versus the consensus estimate of $156.6 million.

Stratasys, Inc. sees FY2014 EPS of $2.25-$2.35, versus prior guidance of $2.15-$2.25 and the consensus of $2.2. Stratasys, Inc. sees FY2014 revenue of $750-770 million, versus prior guidance of $660-680 million and the consensus of $685.1 million.

“We continue to observe strong positive sales momentum for our higher-performance systems and materials, which is reflected in the impressive 35% organic revenue growth we generated during the second quarter,” said David Reis, chief executive officer of Stratasys. “Equally impressive were the sales of MakerBot products and services, which contributed $33.6 million of revenue during the period, driven by our expanding distribution network and the successful launch of three MakerBot branded 3D printers in the first half of the year. We are very pleased with our second quarter results, which represent quarterly records in revenue, non-GAAP net income and non-GAAP earnings per share.”

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

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