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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