Stratasys (SSYS) Tops Q1 EPS by 7c; Raises Revenue Guidance
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Stratasys Releases First Quarter 2023 Financial Results
May 16, 2023 7:00 AM EDTRevenue of $149.4 million, 2.6% lower versus first quarter 2022 at constant currency and adjusted for divestitures Highest consumables quarter in Companys history, grew 7.8% over prior year quarter at constant currency and adjusted for divestitures GAAP net loss of $22.2 million, or $0.33 per diluted share, and non-GAAP net income of $1.1 million, or $0.02 per diluted share Seventh straight quarter of adjusted profitability Increasing 2023 revenue outlook and reiterating operational cash flow generation Introducing medium-term expectations
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd.... More
