Stratasys (SSYS) Q4 Earnings and Revenues Miss Estimates
SSYSStratasys(SSYS) Zacks Investment Research·2024-03-09 02:26

Stratasys (SSYS) reported fourth-quarter 2023 non-GAAP earnings of 2 cents per share, which missed the Zacks Consensus Estimate by 50% and declined 71.4% year over year. The company’s revenues dipped 1.8% year over year to 156.3millionandmissedtheconsensusmarkby2.93156.3 million and missed the consensus mark by 2.93%. Top-line growth was partially offset by the divestitures of certain businesses and unfavorable foreign currency exchange rates. Quarter in Detail Segment-wise, Product revenues decreased 0.7% from the year-ago quarter to 110.4 millio ...