Stratasys Ltd Earnings Beat, Revenue Misses In Q3

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Stratasys Ltd announced earnings per share of $0.05 on revenue of $162.2M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $164.44M.

Stratasys Ltd shares are down 24% from the beginning of the year, still down 64.33% from its 52 week high of $36.56 set on November 10, 2021.

Stratasys Ltd shares gained 3.53% in pre-market trade following the report.

Stratasys Ltd’s report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar