EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Stratasys Ltd. (SSYS) on Wednesday reported a loss of $26 million in its first quarter.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had a loss of 37 cents. Losses, adjusted for stock option expense and amortization costs, came to 2 cents per share.
The maker of 3D printers posted revenue of $144.1 million in the period.
Stratasys expects full-year earnings in the range of 12 cents to 19 cents per share, with revenue in the range of $630 million to $645 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSYS at https://www.zacks.com/ap/SSYS
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
