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Stratasys SSYS reported its Q1 earnings results on Tuesday, May 16, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Stratasys beat estimated earnings by 133.33%, reporting an EPS of $0.02 versus an estimate of $-0.06.
Revenue was down $14.05 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 3.26% increase in the share price the next day.
Here’s a look at Stratasys’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | 0.02 | -0.01 | -0.04 |
| EPS Actual | 0.07 | 0.05 | 0.02 | 0.02 |
| Revenue Estimate | 157.58M | 163.56M | 166.32M | 157.56M |
| Revenue Actual | 159.26M | 162.19M | 166.60M | 163.43M |
To track all earnings releases for Stratasys visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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