SSYS Earnings Prediction
The chart below shows how SSYS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SSYS sees a +5.67% change in stock price 10 days leading up to the earnings, and a +0.83% change 10 days following the report. On the earnings day itself, the stock moves by -0.50%. This data can give you a slight idea of what to expect for the next quarter's release.
SSYS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
140.01M
-13.65%
1.42%
Gross Margin
44.80%
10.64%
2.21%
Operating Margin
-9.17%
30.44%
-24.03%
Net Margin
-19.01%
-34.81%
1.93%
EPS
-0.37
-45.59%
2.78%
No Data Available
SSYS Earnings Analysis
Stratasys Inc (ISRAEL) Corporation (SSYS.O) Earnings Conference Call
Positive
Profitability Achievement: 1. Return to Profitability: Stratasys returned to adjusted profitability in Q3 2024 after incurring only minor losses in the first half of the year, demonstrating effective execution of their transformation plan.
Consumables Sales Growth: 2. Consistent Consumables Growth: The company achieved its eighth consecutive quarter of year-over-year growth in consumables sales, with a 1% increase to $62.4 million, highlighting the stability of its recurring revenue model.
Gross Margin Expansion: 3. Improved Gross Margins: GAAP gross margin expanded to 44.8% in Q3 2024, up from 40.5% in the same period last year, while non-GAAP gross margin increased to 49.6%, the highest since Q4 2019.
Cost Control Success: 4. Successful Cost Management: Operating expenses decreased to $88.2 million from $108.4 million year-over-year, reflecting effective cost control measures and contributing to improved profitability expectations for the year.
Share Repurchase Initiative: 5. Share Repurchase Program: The Board of Directors approved a $50 million share repurchase plan, which has already begun execution, demonstrating a commitment to returning value to shareholders.
Negative
Revenue Decline Analysis: 1. Declining Revenue: Consolidated revenue fell to $140 million in Q3 2024, down from $162.1 million in Q3 2023, reflecting persistent softness in capital equipment spending.
Operating Loss Analysis: 2. Significant Operating Loss: The GAAP operating loss for Q3 2024 was $25.5 million, compared to a loss of $42.8 million in the same period last year, indicating ongoing financial challenges despite some improvements.
Declining Product Revenue: 3. Decreased Product Revenue: Product revenue decreased to $94.1 million in Q3 2024 from $113.2 million in Q3 2023, with system revenue dropping to $31.7 million from $51.5 million year-over-year.
Net Income Decline: 4. Negative Net Income: The GAAP net loss for Q3 2024 was $26.6 million, or $0.37 per diluted share, compared to a net loss of $47.3 million, or $0.68 per diluted share, in the same quarter last year, highlighting ongoing profitability issues.
Decline in Adjusted EBITDA: 5. Lower Adjusted EBITDA: Adjusted EBITDA for Q3 2024 was $5.1 million, down from $9.8 million in the same period last year, indicating a decline in operational efficiency despite cost-cutting measures.
SSYS FAQs
How does SSYS typically perform around its earnings report dates?
Is Stratasys Ltd. (SSYS) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SSYS Earning Call Sentiment
Stratasys Ltd. (SSYS) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SSYS.O
-0.84%Positive
The earnings call summary showed declining revenues, especially in product sales, despite improved gross margins. The Q&A highlighted uncertainties, such as unclear guidance for 2025 and hesitance in customer investment. Although there were positive aspects like consumables growth and restructuring benefits, the overall financial performance was weak. The lack of clear guidance and macroeconomic concerns further contribute to a negative sentiment, likely resulting in a negative stock price reaction.
