- Stratasys press release ( NASDAQ: SSYS ): Q4 Non-GAAP EPS of $0.07 beats by $0.04 .
- Revenue of $159.3M (-4.6% Y/Y) beats by $1.71M .
- 2023 Outlook:
- Full year revenue of $620 million to $670 million vs consensus of $655.11M.
- 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 improved year-over-year growth in the second half of 2023.
- Full year-operating expenses of $290 million to $300 million.
- Full year non-GAAP operating margins 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 vs consensus of $0.20.
- Adjusted EBITDA of $35 million to $50 million.
- Capital expenditures of $20 million to $25 million.
- Shares +3.18% PM.
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Stratasys Non-GAAP EPS of $0.07 beats by $0.04, revenue of $159.3M beats by $1.71M