Stratasys: Q1 Earnings Insights

Stratasys SSYS reported its Q1 earnings results on Tuesday, May 16, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Stratasys beat estimated earnings by 133.33%, reporting an EPS of $0.02 versus an estimate of $-0.06.

Revenue was down $14.05 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 3.26% increase in the share price the next day.

Here's a look at Stratasys's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.03 0.02 -0.01 -0.04
EPS Actual 0.07 0.05 0.02 0.02
Revenue Estimate 157.58M 163.56M 166.32M 157.56M
Revenue Actual 159.26M 162.19M 166.60M 163.43M

To track all earnings releases for Stratasys visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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