Overview
Stratasys Q3 revenue of $137 mln beats analyst expectations
Adjusted EPS of $0.02 beats analyst estimates
Company reports GAAP net loss due to $33.9 mln non-cash impairment
Outlook
Stratasys sees full-year revenue between $550 mln and $560 mln
Company expects full-year non-GAAP gross margins of 46.7% to 47.0%
Stratasys anticipates adjusted EBITDA ranging from $30 mln to $32 mln
Result Drivers
RECURRING REVENUES - Strong recurring revenues contributed to positive adjusted EPS despite GAAP net loss
STRATEGIC INVESTMENTS - Co investing in technological capabilities and customer relationships to drive growth in high-value applications
ROBUST CUSTOMER ENGAGEMENT - Customer engagement remains strong across verticals, reinforcing confidence in competitive positioning
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$137 mln
$136.60 mln (4 Analysts)
Q3 Adjusted EPS
Beat
$0.02
$0.003 (4 Analysts)
Q3 Adjusted Net Income
$1.50 mln
Q3 Adjusted EBITDA
$5 mln
Q3 Adjusted Gross Margin
45.30%
Q3 Adjusted Operating Income
$100,000
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Stratasys Ltd is $13.00, about 26.6% above its November 12 closing price of $9.54
The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 30 three months ago
Press Release: ID:nBw4j8ZNca
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)