Stratasys Releases Second Quarter 2019 Financial Results

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Stratasys (SSYS) Tops Q2 EPS by 1c, Revenues Miss; Offers FY19 EPS/Revenue Guidance

July 31, 2019 7:32 AM EDT

Stratasys (NASDAQ: SSYS) reported Q2 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $163.2 million versus the consensus estimate of $168.7 million.

Q2 2019 Financial Results Summary:

Revenue for the second quarter of 2019 was $163.2 million, compared to $170.2 million for the same period last year.GAAP gross margin was 49.7% for the quarter, compared to 49.1% for the same period last year.Non-GAAP gross margin was 52.5% for the quarter, with no change compared to the same period last year.GAAP operating income for the quarter... More