Stratasys Q2 EPS Beats, Aerospace & Defense Revenue Jumps 17%
SSYS sits 23% above its 52-week low of $7.34.
Summary
Stratasys delivered a Q2 adjusted EPS beat of $0.03 versus the $0.008 consensus, driven by a 17% year-over-year surge in aerospace and defense revenue and record consumables sales. Revenue of $137.6M slightly missed the $138.48M consensus, but the company reaffirmed its full-year revenue outlook of $565M-$575M. However, management now expects negative operating cash flow for the full year 2026, with positive cash flow only in the second half, a notable shift from prior expectations. The strong shekel reduced adjusted EBITDA by $2.9M. This follows the recent $7.8M America Makes/Department of War contract and the Markforged acquisition, reinforcing the company's push into defense and aerospace applications.
At the time of this announcement, SSYS was trading at $9.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $761.8M. The 52-week trading range was $7.34 to $12.81. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.