Overview

• Stratasys Q3 revenue of $137 mln beats analyst expectations

• Adjusted EPS of $0.02 beats analyst estimates

• Company reports GAAP net loss due to $33.9 mln non-cash impairment

Outlook

• Stratasys sees full-year revenue between $550 mln and $560 mln

• Company expects full-year non-GAAP gross margins of 46.7% to 47.0%

• Stratasys anticipates adjusted EBITDA ranging from $30 mln to $32 mln

Result Drivers

• RECURRING REVENUES - Strong recurring revenues contributed to positive adjusted EPS despite GAAP net loss

• STRATEGIC INVESTMENTS - Co investing in technological capabilities and customer relationships to drive growth in high-value applications

• ROBUST CUSTOMER ENGAGEMENT - Customer engagement remains strong across verticals, reinforcing confidence in competitive positioning

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electronic equipment & parts peer group is "buy"

• Wall Street's median 12-month price target for Stratasys Ltd is $13.00, about 26.6% above its November 12 closing price of $9.54

• The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release: ID:nBw4j8ZNca

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)