EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Stratasys Ltd. (SSYS) on Thursday reported a loss of $47.3 million in its third quarter.
The Eden Prairie, Minnesota-based company said it had a loss of 68 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 4 cents per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 4 cents per share.
The maker of 3D printers posted revenue of $162.1 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $161.7 million.
Stratasys expects full-year earnings in the range of 10 cents to 14 cents per share, with revenue in the range of $620 million to $630 million.
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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