Stratasys raises FY25 EPS view to 30c-37c from 28c-35c, consensus 29c

Backs FY25 revenue view $570M-$585M, consensus $571.19M. Backs FY25 adjusted EBITDA view $44M-$50M. Zeif continued, “With the recent close of the $120 million Fortissimo investment we further strengthened our balance sheet, which will support our ability to invest in profitable growth, both organically and through attractive opportunities. We continue to strengthen our position in additive manufacturing by expanding our portfolio of best-in-class technology, materials, and software. We believe we are well-positioned to drive increased cash flow and profitability from our streamlined operations and recurring stream of revenue as we move through the balance of the year.”