Stratasys (SSYS) shares tumbled 5.80% in pre-market trading on Wednesday following the release of the company's second quarter 2025 financial results. The 3D printing and additive manufacturing solutions provider reported mixed results, with some metrics meeting expectations while others fell short.
According to the earnings report, Stratasys posted adjusted earnings per share of $0.03, in line with analysts' estimates. Revenue for the quarter came in at $138.1 million, slightly above the expected $137.2 million. However, the company's adjusted net income of $2.2 million fell short of the estimated $2.49 million. Additionally, adjusted operating income was reported at $1.1 million, significantly below the expected $1.89 million.
The substantial pre-market drop in Stratasys' stock price suggests that investors may be concerned about the company's profitability, despite the revenue beat. The lower-than-expected adjusted operating income and net income figures could be raising questions about the company's operational efficiency and ability to convert sales into profits. Furthermore, with an adjusted gross margin of 47.7% and adjusted EBITDA of $6.1 million, investors might be looking for stronger indicators of financial health and growth potential in the competitive 3D printing market.