Stratasys Management Talks Plans to Launch a Metal 3D Printing Platform, Growth in 3D Printer Revenue, and More
Stratasys (NASDAQ: SSYS) reported fourth-quarter and full-year 2017 results last Wednesday. For the quarter, the 3D printing company's year-over-year revenue increased 2.3%, its loss per share narrowed, and earnings per share (EPS) adjusted for one-time factors rose to $0.16, from $0.15 in the year-ago quarter.
Stratasys beat Wall Street's expectations on both the top and bottom lines. Its 2018 earnings guidance, however, came in lower than what the Street anticipated because the company plans to increase its spending on initiatives aimed at fueling long-term growth. The market sent the stock plunging to a closing loss of 16.5% on Wednesday, though shares have fully recouped their losses as of Monday, and are now priced at nearly exactly what they were before the post-earnings drop.
Here are three key things you should know about from Stratasys' Q4 call. (Transcript via Seeking Alpha.)
Source: Fool.com
