Profitability And Financial PerformanceSSYS delivered solid gross margins that, combined with continued tight control of operational expenses, enabled SSYS to meet consensus bottom-line expectations.
Restructuring And Cost ReductionThe strategic review outlined a new restructuring initiative, resulting in $40M of annualized cost reductions as a result of a 15% headcount reduction.
Valuation And Market PositionShares continue to trade at a discount to the group, despite several potential catalysts, product cycles ramping, and better margin profile versus competitors.