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Stratasys (SSYS)
NASDAQ:SSYS
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.1Last Year’s EPS
0.02Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: 7.03%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant highlights, such as a return to profitability, growth in consumables, and improved gross margins, indicating resilience and effective cost management. However, the decline in system revenue and overall revenue suggest ongoing challenges in the capital equipment market.Company Guidance
During the Stratasys Q3 2024 earnings call, the company provided guidance indicating a full-year revenue expectation of $570 million to $580 million. They raised their gross margin forecast slightly to a range of 49% to 49.2%. Operating expenses are projected to be between $276 million to $278 million, with a non-GAAP operating margin expected to range from 0.6% to 1.3%. The anticipated GAAP net loss is between $105 million to $90 million, or $1.48 to $1.27 per diluted share, while non-GAAP net income is projected at $2.1 million to $5 million, translating to $0.03 to $0.07 per diluted share. Adjusted EBITDA is expected to range from $25 million to $28 million. Additionally, the company highlighted actions taken for future growth, including a $50 million share repurchase plan and a restructuring plan aimed at $40 million in annual cost savings, with a focus on enhancing profitability and cash flow in 2025.Return to Profitability
Despite challenging market conditions, Stratasys returned to profitability on an adjusted basis in Q3 2024, demonstrating strong financial execution.
Growth in Consumables Revenue
Consumables revenue grew for the eighth consecutive quarter, demonstrating resilience and strong utilization of the installed base.
Improved Gross Margins
GAAP gross margin expanded to 44.8%, and non-GAAP gross margin increased to 49.6%, the highest since Q4 2019.
F3300 Platform Success
The F3300 platform has generated significant market interest, with shipments to key customers in automotive, aerospace, and defense sectors.
Cost Savings Ahead of Plan
The restructuring plan is ahead of schedule, with a target of $40 million in annual cost savings to be fully realized by Q1 2025.
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SSYS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SSYS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $8.39 | $10.11 | +20.50% |
| Aug 29, 2024 | $7.68 | $6.92 | -9.90% |
| May 29, 2024 | $8.82 | $9.02 | +2.27% |
| Mar 07, 2024 | $11.60 | $12.52 | +7.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Stratasys (SSYS) report earnings?
Stratasys (SSYS) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Stratasys (SSYS) earnings time?
Stratasys (SSYS) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SSYS EPS forecast?
SSYS EPS forecast for the fiscal quarter 2024 (Q4) is 0.1.
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