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

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