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Stock impact report

Stratasys Ltd (SSYS) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]

Stratasys, Ltd. (SSYS) 
Last stratasys, ltd. earnings: 2/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.stratasys.com/investor-relations
Company Research Source: Yahoo! Finance
System Revenue: $31.7 million, down from $51.5 million in Q3 2023. Consumable Revenue: Grew 1% to $62.4 million year-over-year. Service Revenue: $45.9 million, compared to $48.9 million in Q3 2023. GAAP Gross Margin: 44.8%, up from 40.5% in Q3 2023. Non-GAAP Gross Margin: 49.6%, up from 48.3% in Q3 2023. GAAP Operating Expenses: $88.2 million, down from $108.4 million in Q3 2023. Non-GAAP Operating Expenses: $69.6 million, down from $74.2 million in Q3 2023. GAAP Net Loss: $26.6 million or $0.37 per diluted share, compared to a net loss of $47.3 million or $0.68 per diluted share in Q3 2023. Non-GAAP Net Income: $0.4 million or $0.01 per diluted share, compared to $2.4 million or $0.04 per diluted share in Q3 2023. Adjusted EBITDA: $5.1 million, compared to $9.8 million in Q3 2023. Cash Utilization: $4.5 million used in operations, compared to $12.7 million in Q3 2023. Cash and Equivalents: $144 million at the end of the quarter. 2024 Revenue Outlook: $570 mil Show less Read more
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