XONE - Stratasys stock soars after Q4 beats lifting 3D printing peers

Stratasys (SSYS) shares are up 11.4% after the 3D printer topped Q4 estimates with $142.4M in sales, down 11% on the year but up 11% Q/Q and $7M ahead of consensus, and a surprise $0.13 profit versus the break-even consensus.Adjusted gross margin was 49.5% vs. the 52.4% in last year's quarter.Adjusted EBITDA was $14.6M vs. $16.6M last year.Cash from operations totaled $23.7M, resulting in $299.1M in net cash with no debt.“Our results reflect the resilience and diversification of our business model. We delivered sequential revenue growth in the back half of the year and this quarter produced the highest operating cash flow in almost three years. We believe both our industry and company are starting to enter a meaningful, sustained trajectory of unprecedented growth and are excited to capitalize on the opportunities ahead," says CEO Dr. Yoav Zeif.For Q1, Stratasys expects revenue to track similar to last year's quarter, which

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Stratasys stock soars after Q4 beats, lifting 3D printing peers