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Stratasys: Q1 Earnings Snapshot

EDEN PRAIRIE, Minn. (AP) _ Stratasys Ltd. (SSYS) on Wednesday reported a loss of $18.9 million in its first quarter...

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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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