Stratasys Q2 Adj. EPS $0.04 Beats $(0.03) Estimate, Sales $159.80M Beat $153.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stratasys reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $(0.03) by 233.33%. This is a 100% increase from the same period last year. The company also reported quarterly sales of $159.80 million, beating the analyst consensus estimate of $153.24 million by 4.28%, but this is a 4.08% decrease from the same period last year.
August 09, 2023 | 11:02 am
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POSITIVE IMPACT
Stratasys reported better than expected Q2 earnings and sales, but sales are down compared to the same period last year.
Stratasys reported Q2 earnings that beat analyst estimates, which is generally positive for the stock. However, the decrease in sales compared to the same period last year could be a concern for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100