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Investing.com - Stratasys Ltd reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Stratasys Ltd announced earnings per share of $0.05 on revenue of $162.2M. Analysts polled by Investing.com EPS of $0.03 on revenue of $164.44M.
Stratasys Ltd 's are down 24% and is trading at $13.50 , still down 64.33% from its 52 week high of $36.56 set on Wednesday, November 10, 2021.
Stratasys Ltd shares gained 3.53% to trade at $13.50 in pre-market trade the report.
Stratasys Ltd follows other major Information Technology sector earnings this month
Stratasys Ltd's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar