Stratasys Inc (SSYS) reported Loss for second quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled -$25.743 million, or -$0.36 per share. This compares with -$38.615 million, or -$0.56 per share, in last year's second quarter.
Excluding items, Stratasys Inc reported adjusted earnings of -$2.969 million or -$0.04 per share for the period.
Analysts on average had expected the company to earn -$0.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 13.6% to $138.041 million from $159.751 million last year.
Stratasys Inc earnings at a glance (GAAP) :
-Earnings (Q2): -$25.743 Mln. vs. -$38.615 Mln. last year.-EPS (Q2): -$0.36 vs. -$0.56 last year.-Revenue (Q2): $138.041 Mln vs. $159.751 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.