Why Stratasys Stock Sank 15% Today
SSYSStratasys(SSYS) The Motley Fool·2024-08-30 01:24

Stratasys stock is 3D printing nothing but losses these days.Stratasys (SSYS -14.71%) stock fell 14.9% through 12:05 p.m. on mixed earnings on Thursday.Wall Street analysts had forecast the 3D printing company would lose 0.05pershareinthesecondquarter,andthegoodnewsisthatStratasysbeatthatestimatelosing"only"0.05 per share in the second quarter, and the good news is that Stratasys beat that estimate -- losing "only" 0.04. The bad news is that Stratasys fell well short of Street forecasts for 146.3millioninQ2sales,reportingonly146.3 million in Q2 sales, reporting only 138 million. Stratasys' Q2 earningsThis news gets worse. T ...