Stratasys (SSYS) Misses Q1 EPS by 14c, Revenues Miss

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Go back to Stratasys (SSYS) Misses Q1 EPS by 14c, Revenues Miss

Stratasys Releases First Quarter 2020 Financial Results

May 14, 2020 7:30 AM EDT

First Quarter Revenue of $132.9 million

First Quarter GAAP net loss of $21.7 million, or ($0.40) per diluted share, and non-GAAP net loss of $10.6 million, or ($0.19) per diluted share

Generated $11.3 million of cash from operations - $325.5 million net cash position with no debt

Company withdrawing full year 2020 guidance due to economic uncertainty caused by COVID-19

MINNEAPOLIS & REHOVOT, Israel--(BUSINESS... More