Stratasys Reports Preliminary Third Quarter Financial Results
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Stratasys (SSYS) Releases Preliminary Results; Needham & Company Cuts Price Target to $32
October 23, 2015 9:42 AM EDTNeedham & Company maintained a Buy rating on Stratasys Inc. (NASDAQ: SSYS), and cut the price target to $32.00 (from $38.00), following the company's 3Q preliminary results. SSYS expects revenues to be down 17%-18% y/o/y to $166M-$168M. The company had guided to $175M-$190M and consensus was $185M. Management now expects to post a... More
Cowen Cuts Price Target on Stratasys (SSYS) Following Preliminary Results
October 23, 2015 8:21 AM EDTCowen reiterated a Market Perform rating on Stratasys Inc. (NASDAQ: SSYS), and cut the price target to $25.00 (from $30.00), following the company;s 3Q15 preliminary results. SSYS pre-announced 3Q sales of $166-$168MM vs. Street's $184.6MM, and EPS of (3c) - 2c (vs.... More
Stratasys (SSYS) Warns on Q3 EPS, Revenue
October 22, 2015 4:12 PM EDTStratasys Ltd. (Nasdaq: SSYS), the 3D printing and additive manufacturing solutions company, today announced preliminary third quarter 2015 financial results.
The Company expects to report third quarter revenue in the range of $166 to $168 million, and non-GAAP net income (loss) in the range of ($1.5) to $1.0 million, or ($0.03) to $0.02 per diluted share.
(Street sees Q3 EPS of $0.08 on revenue of $184.60 million)
The Company expects to report a GAAP net loss in the range of ($190) to ($155) million, or ($3.66) to ($2.98) per share, which includes non-cash, goodwill and other intangible asset impairment charges of... More
Stratasys (SSYS) Halted, News Pending
October 22, 2015 4:10 PM EDTStratasys (NASDAQ: SSYS) Halted, News Pending
... More