Stratasys (SSYS) Tops Q4 EPS by 13c, Revenues Beat
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Stratasys Releases Fourth Quarter and Full Year 2020 Financial Results
March 1, 2021 7:30 AM ESTFourth quarter revenue of $142.4 million and $520.8 million for full year 2020 Fourth quarter GAAP net income of $11.0 million, or $0.20 per diluted share, and non-GAAP net income of $7.0 million, or $0.13 per diluted share Produced 11% quarterly sequential revenue growth, improved gross margin and operating income Generated $23.7 million of cash from operations in the fourth quarter resulting in $299.1 million net cash with no debt Manufacturing revenue contribution in excess of 25% in 2020, expected to accelerate with growth initiatives
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys... More
