Stratasys beats top-line estimates; updates FY25 outlook

* Stratasys press release [https://seekingalpha.com/pr/20199111-stratasys-releases-second-quarter-2025-financial-results] (NASDAQ:SSYS [https://seekingalpha.com/symbol/SSYS]): Q2 Non-GAAP EPS of $0.03 in-line.
* Revenue of $138.1M (+0.1% Y/Y) beats by $0.95M.
* Non-GAAP gross margin of 47.7%, compared to 49.0%.
* Adjusted EBITDA of $6.1 million, compared to $2.3 million in the prior year period
* $254.6 million cash, equivalents and short-term deposits and no debt at June 30, 2025
* UPDATES 2025 OUTLOOK

*
FINANCIAL OUTLOOK:

* Based on current market conditions and assuming that the impacts of tariff policy, global inflationary pressures, relatively high interest rates and supply chain costs do not impede economic activity further, the Company is updating its outlook for 2025 to be as follows:

* Full year revenue of $550 million to $560 million (PRIOR $570 MILLION TO $585 MILLION) VS. CONSENSUS OF $572.52M.

* Third quarter slightly lower to slightly higher than second quarter, fourth quarter higher than third quarter.
* Full year non-GAAP gross margins of 46.7% to 47.0%.
* Full year operating expenses to range from $248 million to $251 million.
* Full year non-GAAP operating margins to range from 1.5% to 2.0%.

* Adjusted EBITDA ranging from $30 million to $32 million.

* Fourth quarter 2025 Adjusted EBITDA to be 8.0% or more of revenue.

* Capital expenditures ranging from $20 million to $25 million.
* Positive operating cash flow.
* GAAP net loss ranging from $77 million to $66 million, and GAAP EPS of ($0.94) to ($0.80).
* Non-GAAP net income ranging from $11 million to $13 million, and Non-GAAP EPS ranging from $0.13 to $0.16 vs. consensus of $0.32 .

MORE ON STRATASYS

* Stratasys: It Could Stand As A Market Consolidator [https://seekingalpha.com/article/4804367-stratasys-it-could-stand-as-a-market-consolidator]
* Seeking Alpha’s Quant Rating on Stratasys [https://seekingalpha.com/symbol/SSYS/ratings/quant-ratings]
* Historical earnings data for Stratasys [https://seekingalpha.com/symbol/SSYS/earnings]
* Financial information for Stratasys [https://seekingalpha.com/symbol/SSYS/income-statement]