Why Stratasys Stock Popped 14.9% on Tuesday

Why Stratasys Stock Popped 14.9% on Tuesday

Stratasys reported a net loss of $20.9 million, or $0.32 per share, and adjusted net income of $1.2 million, or $0.02 per share. For the full year, management expects revenue of $685 million to $695 million with a GAAP net loss of $67 million to $74 million, or $1 to $1.11 per share. On an adjusted basis, it expects a net income of $10 million to $13 million, or $0.14 to $0.19 per share.