3D printing firm Stratasys beats Q2 EPS estimates but misses revenue expectations, lowers FY 2024 guidance.

Stratasys, a 3D printing solutions provider, reported Q2 earnings of ($0.04) EPS, beating estimates by a penny, but missed revenue expectations with $138 million, down 13.6% year-over-year. The company updated its FY 2024 EPS guidance to $0.01-$0.05 and revenue to $570-$580 million, both below prior estimates. Stratasys has a market cap of $478.56 million, negative return on equity of 3.27%, and a consensus "Buy" rating with a target price of $11.75.

September 01, 2024
10 Articles

Further Reading