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Stratasys Q4 2023 Earnings Report

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$9.32 -0.21 (-2.20%)
As of 01/22/2025 04:00 PM Eastern

Stratasys EPS Results

Actual EPS
$0.02
Consensus EPS
$0.02
Beat/Miss
Met Expectations
One Year Ago EPS
-$0.03

Stratasys Revenue Results

Actual Revenue
$156.34 million
Expected Revenue
$153.96 million
Beat/Miss
Beat by +$2.38 million
YoY Revenue Growth
-1.80%

Stratasys Announcement Details

Quarter
Q4 2023
Time
Before Market Opens

Conference Call Resources

Stratasys Earnings Headlines

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About Stratasys

Stratasys (NASDAQ:SSYS) provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare. The company provides consumable materials, including 3D printing materials comprising FDM, polyjet, and stereolithography materials for manufacturing applications, such as jigs and fixtures, investment casting, and injection mold or composite tooling applications; and other material. In addition, it offers software and services, which includes cloud, desktop and mobile technologies comprising GrabCAD, an additive manufacturing platform to manage production-scale operations; and GrabCAD Print, job programming software enables the unique features of 3D printing technologies, such as creating lightweight, structurally sound infills for FDM, and multi-material and color and material management for polyjet. The company also provides GrabCAD Shop including scheduling, remote monitoring, and analytics; GrabCAD Connect provides two-way SDK integration for third-party software applications; and GrabCAD Community, an online community of professional engineers, designers, manufacturers and students who share their practices through tutorials, discussion forums, design/print challenges, and 3D content. Further, it offers GrabCAD Shop, which simplifies 3D printing shop workflow; GrabCAD Streamline Software Development Kit (SDK) to support enterprise goals such as system connectivity, compliance, and workflow automation; and Grab CAD Software Partner program for independent software vendors. The company sells its products through a network of resellers and independent sales agents worldwide. Stratasys Ltd. is headquartered in Eden Prairie, Minnesota.

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