SSYS - Stratasys Non-GAAP EPS of $0.02 beats by $0.08 revenue of $149.38M beats by $4.37M
2023-05-16 07:03:34 ET
- Stratasys press release ( NASDAQ: SSYS ): Q1 Non-GAAP EPS of $0.02 beats by $0.08 .
- Revenue of $149.38M (-8.6% Y/Y) beats by $4.37M .
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2023 Financial Outlook:
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- Full year revenue of $630 million to $670 million.
- Sequential quarterly revenue growth, notably higher in the second half.
- Based on current logistics and materials costs, full year gross margins of 48.0% to 49.0%, with a majority of the year-over-year improvement in the second half of 2023.
- Full year-operating expenses in the range of $290 million to $300 million.
- Full year non-GAAP operating margins in a range of 2.5% to 3.5%, with improving profitable contribution through the year.
- GAAP net loss of $78 million to $57 million, or ($1.12) to ($0.83) per diluted share.
- Non-GAAP net income of $9 million to $17 million, or $0.12 to $0.24 per diluted share.
- Adjusted EBITDA of $35 million to $50 million.
- Capital expenditures of $20 million to $25 million.
For further details see:
Stratasys Non-GAAP EPS of $0.02 beats by $0.08, revenue of $149.38M beats by $4.37M