Stratasys Q1 2024 Adj EPS $(0.02) Beats $(0.07) Estimate, Sales $144.050M Beat $143.817M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stratasys (NASDAQ:SSYS) reported Q1 2024 adjusted EPS of $(0.02), beating the $(0.07) estimate. Sales were $144.050M, slightly above the $143.817M estimate but down 3.57% from last year.
May 29, 2024 | 8:22 pm
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Stratasys reported better-than-expected Q1 2024 EPS and sales, though sales were down 3.57% year-over-year. The results may provide a short-term boost to the stock price.
The better-than-expected EPS and sales figures are likely to positively impact the stock price in the short term, despite the year-over-year sales decline.
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