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Stratasys Ltd. (NASDAQ:SSYS ) Q1 2024 Earnings Conference Call May 29, 2024 5:00 PM ET Company Participants Yonah Lloyd - Chief Communications Officer and VP, IR Yoav Zeif - CEO Eitan Zamir - CFO Conference Call Participants Troy Jensen - Cantor Fitzgerald Danny Eggerichs - Craig-Hallum Brian Drab - William Blair Jacob Stephan - Lake Street Capital Markets Alek Valero - Loop Capital Markets Chris Grenga - Needham & Company Operator Greetings, and welcome to the Stratasys' First Quarter 2024 Earnings Call.
Stratasys (SSYS) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.02 per share a year ago.
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced financial results for the first quarter 2024. First Quarter 2024 Financial Results Compared to First Quarter 2023: Revenue of $144.1 million compared to $149.4 million. GAAP gross margin of 44.4%, compared to 43.8%. Non-GAAP gross margin of 48.6%, compared to 47.3%. GAAP operating loss of $24.5 million, compared to an operating.
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) will release financial results for the first quarter ended March 31, 2024, after market close on Wednesday, May 29, 2024. The Company plans to hold the conference call to discuss its first quarter 2024 financial results on Wednesday, May 29, 2024, at 5:00 p.m. (ET). The investor conference call will be available via live webcast on the Stratasys Web site at investors.stratasys.com; or directly at the following web add.
Stratasys (SSYS) launches a new Direct-to-Garment solution to enable full-color and multi-material 3D printing directly on fully assembled garments.
Stratasys (SSYS) enters into an agreement with Select Additive to be the latter's sole partner in delivering polymer additive manufacturing solutions.
Stratasys (SSYS) forms a fresh Customer Advisory Board to foster cooperation and creativity in additive manufacturing.
Stratasys' (SSYS) fourth-quarter results reflect the negative impacts of divestitures and unfavorable currency exchange rates.
Stratasys (SSYS) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.07 per share a year ago.
Stratasys (SSYS) enhances its position in additive manufacturing by acquiring Arevo's technology portfolio.