SSYS Q2 2023 Earnings — Stratasys Ltd. Revenue & Financial Results | Market Cap Arena

SSYSStratasys Ltd.

$718M

Q2 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$160M-4.1% YoY

Gross Profit

$66M41.5% margin

Operating Income

-$34M-21.1% margin

Net Income

-$39M-24.2% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

-$23M

Free Cash Flow

-$26M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$307M

Stockholders' Equity

$923M

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$160M	$167M	-4.1%
Gross Profit	$66M	$67M	-1.7%
Operating Income	-$34M	-$24M	-43.0%
Net Income	-$39M	-$24M	-59.0%

Revenue Segments

Product

$58M62%

Service

$36M38%

Geographic Segments

Americas

$29M60%

EMEA

$12M25%

Asia Pacific

$7M15%