Stratasys Releases Second Quarter 2018 Financial Results
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August 2, 2018 9:03 AM EDT
Deutsche Bank raised its price target on Stratasys Inc. (NASDAQ: SSYS) to $20.00 (from $18.00) while maintaining a Hold rating.
Analyst Sherri Scribner commented, "SSYS reported above-Consensus sales and EPS results, a welcome turnaround following disappointing F1Q-18 results and the departure of the... More
August 1, 2018 7:31 AM EDT
Stratasys (NASDAQ: SSYS) reported Q2 EPS of $0.15, $0.06 better than the analyst estimate of $0.09. Revenue for the quarter came in at $170.2 million versus the consensus estimate of $167.04 million.
Q2 2018 Financial Results Summary:Revenue for the second quarter of 2018 was $170.2 million, compared to $170.0 million for the same period last year.
GAAP gross margin was 49.1% for the quarter, flat compared to the same period last year.Non-GAAP gross margin was 52.5% for the quarter, compared to 53.0% for the same period last year.GAAP operating loss for the quarter was $1.9 million, compared to...
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