Stratasys Q4 Loss Narrows, Adj. EPS Tops View - Quick Facts

(RTTNews) - 3D printing solutions provider Stratasys Ltd. (SSYS) reported fourth-quarter 2013 GAAP net loss of $2.0 million, or $0.07 per share, compared with a pro forma loss of $3.5 million, or $0.09 per share, last year.

On a non-GAAP basis, quarterly net income was $25.8 million, or $0.50 per share in the recent quarter. On average, 20 analysts polled by Thomson Reuters expected earnings per share of $0.49 for the quarter. Analysts' estimates typically exclude one-time items.

For the fourth quarter of 2013, GAAP revenue totaled $155.1 million. Quarterly non-GAAP revenue of $155.8 million represents a 61.6% increase over the $96.4 million combined non-GAAP pro forma revenue, giving effect to the Stratasys-Objet merger as though it had closed on January 1, 2012, for the prior year. Eighteen analysts estimated $151.03 million of sales for the quarter.