4 th Quarter 2017 Earnings Call Quad/Graphics, Inc. • To the extent any statements in this investor presentation contain information that is not historical, these statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, our current expectations about the Company's future results, financial condition, revenue, earning ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Stratasys (SSYS) - Stratasys currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Price Performance - Over the past week, SSYS shares increased by 0.1%, while the Zacks Commercial Printing industry remained flat [6] - In the last month, SSYS shares rose by 6.25%, matching the industry's performance [6] - Over the past quarter, SSYS shares have increased by 7.26%, and by 17.65% over the last year, outperforming the S&P 500, which moved 0.05% and 13.85% respectively [7] Trading Volume - SSYS has an average 20-day trading volume of 464,030 shares, which is a useful indicator of market interest and price movement [8] Earnings Outlook - In the past two months, one earnings estimate for SSYS has increased, while none have decreased, raising the consensus estimate from $0.29 to $0.31 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, SSYS is recommended as a stock to consider for near-term investment opportunities [12]

Group 1 - Kornit Digital reported quarterly earnings of $0.01 per share, exceeding the Zacks Consensus Estimate of a loss of $0.04 per share, and improved from a loss of $0.11 per share a year ago, representing an earnings surprise of 125% [1] - The company posted revenues of $46.46 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.32%, and compared to year-ago revenues of $43.78 million [2] - Kornit Digital has surpassed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] Group 2 - The stock has underperformed the market, losing about 37.8% since the beginning of the year, while the S&P 500 has gained 0.1% [3] - The current consensus EPS estimate for the coming quarter is $0.02 on revenues of $51.14 million, and for the current fiscal year, it is $0.22 on revenues of $214.74 million [7] - The Zacks Industry Rank for Commercial Printing is in the top 22% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8]

Group 1: Earnings Performance - Research Solutions Inc. reported quarterly earnings of $0.03 per share, matching the Zacks Consensus Estimate, compared to break-even earnings per share a year ago [1] - The company had a loss of $0.07 per share in the previous quarter, resulting in a surprise of -450% against the expected earnings of $0.02 [1] - Over the last four quarters, the company has only surpassed consensus EPS estimates once [1] Group 2: Revenue Performance - For the quarter ended March 2025, Research Solutions posted revenues of $12.66 million, missing the Zacks Consensus Estimate by 2.46%, but up from $12.12 million year-over-year [2] - The company has exceeded consensus revenue estimates three times in the last four quarters [2] Group 3: Stock Performance and Outlook - Research Solutions shares have declined approximately 32.8% since the beginning of the year, while the S&P 500 has decreased by -4.3% [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market [6] - The consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $12.75 million, and for the current fiscal year, it is $0.12 on revenues of $49.7 million [7] Group 4: Industry Context - The Commercial Printing industry, to which Research Solutions belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Group 1 - Stratasys reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, compared to a loss of $0.02 per share a year ago, representing an earnings surprise of 33.33% [1] - The company posted revenues of $136.05 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.84%, but down from $144.05 million year-over-year [2] - Stratasys shares have increased approximately 9.3% since the beginning of the year, while the S&P 500 has declined by 4.3% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $137.88 million, and for the current fiscal year, it is $0.29 on revenues of $566.23 million [7] - The Commercial Printing industry, to which Stratasys belongs, is currently ranked in the top 24% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] Group 3 - Stratasys has surpassed consensus EPS estimates three times over the last four quarters and has topped consensus revenue estimates two times in the same period [2] - The estimate revisions trend for Stratasys is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]

Group 1: Earnings Performance - Quad/Graphics reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.07 per share, and up from $0.10 per share a year ago, representing an earnings surprise of 185.71% [1] - The company posted revenues of $629.4 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 8.09%, although this is a decline from year-ago revenues of $654.8 million [2] - Over the last four quarters, Quad/Graphics has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Quad/Graphics shares have declined approximately 26.8% since the beginning of the year, compared to a decline of 6% in the S&P 500 [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at $0.09 for the coming quarter and $0.78 for the current fiscal year [4][7] - The current Zacks Rank for Quad/Graphics is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Group 3: Industry Context - The Commercial Printing industry, to which Quad/Graphics belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]