Stratasys (SSYS) shares tumbled 5.80% in pre-market trading on Wednesday following the release of its second-quarter 2025 financial results. The 3D printing company reported mixed performance, with some metrics meeting expectations while others fell short.
Stratasys reported adjusted earnings per share of $0.03, in line with analysts' estimates. However, the company's adjusted net income came in at $2.2 million, below the expected $2.49 million. Revenue slightly exceeded expectations at $138.1 million, compared to the estimated $137.2 million. The adjusted gross margin for the quarter stood at 47.7%.
Notably, Stratasys' adjusted operating income was $1.1 million, significantly below the analysts' estimate of $1.89 million. This underperformance in operating income, coupled with the lower-than-expected net income, likely contributed to the negative market reaction. The company also reported adjusted EBITDA of $6.1 million for the quarter. Despite some positive aspects in the report, investors appear to be focusing on the areas where Stratasys fell short of expectations, leading to the pre-market decline.