Stratasys Ltd. (NASDAQ:SSYS) posted weaker-than-expected third-quarter results on Thursday, but the stock still moved sharply higher in pre-market trading as investors focused on cash generation and the company’s strong balance sheet.
Shares jumped 7.55% even though adjusted earnings came in at $0.02 per share, well below Wall Street’s expectation of $0.09. Quarterly revenue totaled $137 million, missing the $143.85 million consensus and slipping from $140 million a year earlier.
Despite the soft top and bottom lines, Stratasys delivered a notable improvement in cash performance. Operating cash flow reached $6.9 million, a significant turnaround from $4.5 million used in the prior-year quarter. As of September 30, the company reported $255 million in cash, equivalents and short-term deposits, while carrying no debt, reinforcing what management described as a solid financial foundation.
Results under GAAP were weighed down by a $33.9 million non-cash impairment charge, or $0.40 per share, tied to its Ultimaker investment. That pushed the company to a GAAP net loss of $55.6 million, or $0.65 per diluted share.
CEO Dr. Yoav Zeif said the quarter showed the company’s stability despite market pressures.
“Our third quarter results demonstrate the resilience of our business model that enabled us to deliver solid operating cash flow and positive adjusted earnings per share, through the combination of strong recurring revenues, disciplined cost management and operational excellence,” he said.
Stratasys reaffirmed its full-year outlook, calling for $550 million to $560 million in revenue and $0.13 to $0.16 in adjusted earnings per share—guidance that aligns closely with consensus forecasts.
Looking ahead, the 3D-printing firm said it continues to invest in high-value additive manufacturing applications in sectors such as aerospace and defense, automotive tooling, medical modeling, dentures, and precision components. Management believes these markets should benefit from long-term structural shifts toward supply-chain localization and sustainable production.