Shares of 3D printing pioneer Stratasys (NASDAQ: SSYS) leapt off the page last Tuesday, soaring 10% in response to what at first glance looked to be an impressive "earnings beat."

Analysts had forecast that the 3D-printing company would book $145 million in sales for first-quarter 2023, and lose $0.06 per share. Instead, reports TheFly.com, Stratasys delivered a positive earnings surprise -- two surprises, in fact. Sales came in ahead of expectations at $149.4 million, and instead of losing money for the quarter, Stratasys earned a surprise profit of $0.02 per share.

So... good news, right? Well, not entirely. As it turns out, Stratasys's Q1 news wasn't quite as good as it seemed.

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Source Fool.com