Stratasys Releases Third Quarter 2018 Financial Results
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November 1, 2018 1:03 PM EDT
Susquehanna analyst David Ryzhik raised the price target on Stratasys Inc. (NASDAQ: SSYS) to $27.00 (from $25.00) while maintaining a Positive rating.
Ryzhik said the shares remain attractive in the context of rising recurring Rev/Gross Profit, stabilizing Systems Rev, renewed parts services (SDM) growth, and new product introductions in CY19.
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November 1, 2018 11:10 AM EDT
Cowen analyst Robert Stone raised the price target on Stratasys Inc. (NASDAQ: SSYS) to $22.00 (from $20.00) while maintaining a Market Perform rating following Q3 results.
Stone said upside came from expense control. Revenue growth was driven by service, support and consumables, while... More
November 1, 2018 7:25 AM EDT
Stratasys (NASDAQ: SSYS) reported Q3 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $162 million versus the consensus estimate of $161.92 million.
GUIDANCE:
Stratasys sees FY2018 EPS of $0.50-$0.55, versus the consensus of $0.40. Stratasys sees... More
