Stratasys Earnings: A Mixed Bag
Stratasys (NASDAQ: SSYS) reported its second-quarter 2017 earnings before the market opened on Wednesday. The 3D printing company's revenue declined 1.2%, loss per share narrowed significantly, and adjusted earnings per share jumped 42% from the year-ago quarter.
The market's reaction was muted, with shares closing up 0.5% on Wednesday. Stratasys stock is up 34.6% in 2017 through Wednesday, versus the S&P 500's 11.8% return. Shares of rival 3D Systems (NYSE: DDD) are down 3.5% this year, as the market sent shares tumbling more than 21% on the day last week following the company's earnings release; it reported disappointing results and lowered its full-year 2017 guidance.
Here's how the quarter worked out for Stratasys and its investors.
Source: Fool.com
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