Why Stratasys Stock Is Soaring After Earnings
Shares of 3D printer maker Stratasys (NASDAQ: SSYS) had soared 10.8% as of 11:15 a.m. EST Monday after the company announced a huge earnings beat before the market opened.
Expected to report only breakeven profits for its fiscal fourth quarter of 2020 today, Stratasys surprised the market with a report of $0.13 per share earned, pro forma, on sales of $142.4 million (also ahead of expectations).
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Source Fool.com
