For the first quarter the 3D printer maker reported earnings of 40 cents a share, in-line with analysts' expectations. Revenue grew 54% from the year-ago quarter to $151.2 million. Analysts surveyed by Thomson Reuters expected revenue of $143.11 million.
Looking forward to full-year 2014, Stratasys reaffirmed its guidance that sees earnings of $2.15 to $2.25 a share for the year, and revenue of $660 million to $680 million. Analysts expect EPS of $2.21 a share and revenue of $674.8 million for the year.
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TheStreet Ratings team rates STRATASYS LTD as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate STRATASYS LTD (SSYS) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing."