Stratasys (SSYS) Appoints Dov Ofer as New Board Chairman

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Go back to Stratasys (SSYS) Appoints Dov Ofer as New Board Chairman

Stratasys (SSYS) Misses Q4 EPS by 2c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus, Provides FY20 Revenue Outlook

February 26, 2020 7:35 AM EST

Stratasys (NASDAQ: SSYS) reported Q4 EPS of $0.18, $0.02 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $160.2 million versus the consensus estimate of $170.05 million.

Q4 2019 Financial Results Summary:
Revenue for the fourth quarter of 2019 was $160.2 million, compared to $177.1 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 52.4% for the quarter, compared to 52.2% for the same period last year.GAAP operating loss for the quarter was $3.3 million,... More