Stratasys (SSYS) Tops Q2 EPS by 10c

Stratasys (NASDAQ: SSYS) reported Q2 EPS of $0.17, $0.10 better than the analyst estimate of $0.07. Revenue for the quarter came in at $170 million versus the consensus estimate of $167.69 million.

Financial Guidance:

Stratasys today reiterated previously provided guidance for 2017. The Company’s guidance for projected revenue and net income (loss) for the fiscal year ending December 31, 2017 is as follows:

• Revenue guidance of $645 to $680 million.
• GAAP net loss guidance of $53 to $39 million, or ($1.00) to ($0.73) per diluted share.
• Non-GAAP net income guidance of $10 to $20 million, or $0.19 to $0.37 per diluted share.

Stratasys provided the following additional guidance regarding the Company’s projected performance and strategic plans for 2017:

• Non-GAAP operating margin guidance of 3% to 5%.
• Capital expenditures guidance of $40 to $50 million.

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

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