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Stratasys (SSYS) Reports Q1 Loss, Misses Revenue Estimates
zacks.com· 2024-05-29 22:30
Stratasys (SSYS) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this maker of 3D printers would post earnings of $0.04 per share when it actually produced earnings of $0.02, delivering a surprise of -50%.Over the last four quarters, the company ha ...
Stratasys (SSYS) Unveils Direct-to-Garment 3D Printing Solution
Zacks Investment Research· 2024-04-18 10:41
Stratasys (SSYS) has launched its Direct-to-Garment (D2G) solution for the J850 TechStyle 3D printer in a groundbreaking move that combines personalized fashion with sustainability.This innovative offering is part of the Stratasys 3DFashion direct-to-textile printing technology and its first application will be showcased in the Urban Tattoo denim collection, which will be unveiled at the Texprocess exhibition in Frankfurt, Germany, on Apr 23.The D2G solution enables the application of full-color and multi-m ...
Stratasys (SSYS) Inks 3D Printing Deal With Select Additive
Zacks Investment Research· 2024-04-17 13:16
Stratasys (SSYS) has entered into an agreement to be the exclusive polymer 3D printing partner of Select Additive Technologies, a division of Morris Group, Inc. and a major player in machine tool distribution in the United States.With more than 80 years of experience in serving the metalworking industry, Select Additive is well-equipped to help manufacturers transition from traditional metal removal methods to the rapidly advancing world of additive manufacturing. This partnership will provide Select Additi ...
Stratasys to Test 3D-Printed Material Performance on Moon
Businesswire· 2024-03-12 12:15
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, today announced that it will provide 3D-printed materials for an upcoming lunar mission to test their performance on the surface of the moon. The experiments are part of Aegis Aerospace, Inc.’s first Space Science & Technology Evaluation Facility mission (SSTEF-1). SSTEF is a commercial space testing service, developed by Aegis Aerospace in Houston, Texas under NASA’s Tipping Poi ...
Stratasys Files Annual Report on Form 20-F for the Year Ended December 31, 2023
Businesswire· 2024-03-11 20:15
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS), announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”). The annual report on Form 20-F, which contains Stratasys’ audited annual financial statements for 2023, can be accessed on the SEC’s website at http://www.sec.gov, as well as via the Company’s investor relations website at http://investors.stratasys.com/financia ...
Stratasys(SSYS) - 2023 Q4 - Annual Report
2024-03-10 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...
Stratasys (SSYS) Q4 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-03-08 18:26
Stratasys (SSYS) reported fourth-quarter 2023 non-GAAP earnings of 2 cents per share, which missed the Zacks Consensus Estimate by 50% and declined 71.4% year over year.The company’s revenues dipped 1.8% year over year to $156.3 million and missed the consensus mark by 2.93%. Top-line growth was partially offset by the divestitures of certain businesses and unfavorable foreign currency exchange rates.Quarter in DetailSegment-wise, Product revenues decreased 0.7% from the year-ago quarter to $110.4 million. ...
Stratasys(SSYS) - 2023 Q4 - Earnings Call Presentation
2024-03-08 15:29
Q4 and FY 2023 Results Speakers Dr. Yoav Zeif, CEO Eitan Zamir, CFO Yonah Lloyd, CCO & VP IR ...
Stratasys(SSYS) - 2023 Q4 - Earnings Call Transcript
2024-03-07 17:20
Stratasys Ltd. (NASDAQ:SSYS) Q4 2023 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Yoav Zeif - Chief Executive Officer Eitan Zamir - Chief Financial Officer Yonah Lloyd - Chief Communications Officer, Vice President Investor Relations Conference Call Participants Danny Eggerich - Craig-Hallum Troy Jensen - Cantor Fitzgerald Jim Ricchiuti - Needham & Company Ananda Baruah - Loop Capital Markets Blake Keating - William Blair Jacob Stephan - Lake Street Operator Good day, and welcome t ...
Stratasys (SSYS) Q4 Earnings and Revenues Lag Estimates
Zacks Investment Research· 2024-03-07 14:46
Company Performance - Stratasys reported quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share, and down from $0.07 per share a year ago, representing an earnings surprise of -50% [1] - The company posted revenues of $156.34 million for the quarter, missing the Zacks Consensus Estimate by 2.93%, and down from $159.26 million year-over-year [1] - Over the last four quarters, Stratasys has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [1] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.07 on revenues of $157.16 million, and for the current fiscal year, it is $0.37 on revenues of $680.39 million [4] - The estimate revisions trend for Stratasys is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Industry Context - The Computer - Peripheral Equipment industry, to which Stratasys belongs, is currently in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [5] - TransAct Technologies Incorporated, another company in the same industry, is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year change of -200% [5][6]