EDEN PRAIRIE, Minn. (AP) _ Stratasys Ltd. (SSYS) on Wednesday reported a loss of $18.9 million in its first quarter.
The Eden Prairie, Minnesota-based company said it had a loss of 32 cents per share. Losses, adjusted for one-time gains and costs, came to 6 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The maker of 3D printers posted revenue of $134.2 million in the period.
Stratasys shares have risen almost 1% since the beginning of the year. The stock has risen 21% in the last 12 months.
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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
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