Stratasys slides after cutting annual profit, revenue forecasts

Stratasys

13/08/2025 12:47

** Shares of polymer 3D printing solutions maker Stratasys SSYS.O drop 9.4% to $10.3 premarket

** SSYS sees FY revenue in the range of $550 mln - $560 mln , down from prior outlook of $570 mln - $585 mln

** Cuts FY adj. EPS forecast to 13-16 cents a share from prior forecast of 30-37 cents per share

** Also cuts FY gross margins forecast to 46.7% to 47% from 48.8% to 49.2%

** "Despite the quality of our pipeline, the macroeconomic improvement that is likely to drive increased capital spending by our customers is taking longer than we previously anticipated" - CEO Yoav Zeif

** "We view the impact of these headwinds as transitory," Zeif adds

** Reports Q2 rev. of $138.1 mln, beating estimates of $137.2 mln - data compiled by LSEG

** Q2 adj. profit of 3 cents/share compared to loss of 3 cents/share a year ago

** As of last close, SSYS up nearly 28% YTD

(Reporting by Shashwat Chauhan in Bengaluru)

((Shashwat.Chauhan@thomsonreuters.com))