Stratasys Q1 Revenue and Adjusted EPS Beat Estimates, Reaffirms Full-Year Outlook
SSYS sits 28% above its 52-week low of $7.34.
Summary
Stratasys reported Q1 revenue of $132.70 million, slightly exceeding analyst estimates of $131.82 million, despite a year-over-year decline. The company also beat adjusted EPS estimates, reporting -$0.01 compared to an expected -$0.02. Management reiterated its full-year 2026 revenue guidance of $565 million to $575 million and non-GAAP net income guidance of $8 million to $12.5 million, or $0.09 to $0.14 per share. While recurring revenue and Stratasys Direct showed growth, foreign exchange rates and tariffs impacted adjusted EBITDA. This update provides clarity on the company's performance and outlook, which traders will use to assess its trajectory in the 3D printing sector.
At the time of this announcement, SSYS was trading at $9.41 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $797.1M. The 52-week trading range was $7.34 to $12.81. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.