Stratasys Q1 Earnings Sag On MakerBot Write-Down

By | May 11, 2015

Scalper1 News

Stratasys (SSYS) reported a net income loss of $216.3 million as the 3-D printing company took a write-down on its MakerBot unit, which is being reorganized. Excluding items, the Eden Prairie, Minn.-based company earned 4 cents a share in Q1, down 90% from a year earlier, beating by a penny estimates of analysts polled by Thomson Reuters. Revenue rose 14.3% to $172.73 million, beating views for $172.57 million. Including the $194 million cost Scalper1 News

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