Stratasys Inc. (SSYS) PO Raised to $20 at BofA/Merrill Lynch on 1Q Revenue Beat; 'Printer Mix, Declines in Service Pressure Gross Margins'

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Stratasys Releases First Quarter 2017 Financial Results

May 16, 2017 7:00 AM EDT

Company reports $163.2 million in revenue with an increase in recurring revenues

GAAP net loss of $13.9 million, or ($0.26) per diluted share, and non-GAAP net income of $2.4 million, or $0.05 per diluted share.

Generated $25.4 million of cash from operations during the quarter

MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (Nasdaq: SSYS), the 3D printing and additive manufacturing solutions... More