Workflow
Stratasys (SSYS) Q1 Earnings Beat Estimates, Revenues Fall Y/Y
SSYSStratasys(SSYS) ZACKS·2024-05-31 00:10

Stratasys (SSYS) reported first-quarter 2024 loss of 2 cents per share, narrower than the Zacks Consensus Estimate of a loss of 4 cents. The company reported non-GAAP earnings of 2 cents per share in the year-ago quarter.The company’s revenues dipped 3.5% year over year to $144.05 million and missed the consensus mark by 2.36%. Top-line growth was partially offset by the divestitures of certain businesses and unfavorable foreign currency exchange rates.Quarter in DetailSegment-wise, Product revenues decreas ...