Stratasys (SSYS) has released an update.
Stratasys Ltd., a leader in 3D printing solutions, announced flat year-over-year revenue of $144.1 million for Q1 2024, excluding divestitures, and a GAAP net loss of $26 million. Despite customer capital spending constraints, the company reported a record high in recurring consumables revenue and a strong pipeline for its F3300 system, with a reiteration of its 2024 financial outlook projecting up to $645 million in revenue.
For further insights into SSYS stock, check out TipRanks’ Stock Analysis page.
