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3 years ago
Stratasys full-year profit, revenue forecast misses estimate
February 2, 2015 / 9:38 PM / 3 years ago

Stratasys full-year profit, revenue forecast misses estimate

Feb 2 (Reuters) - 3D printer maker Stratasys Ltd on Monday forecast revenue and adjusted profit for the full year below average analyst expectation, saying operating expenses will increase.

The company forecast a net loss of $10 million-$23 million, or 20-45 cents per share, on revenue of $940 million-$960 million for 2015.

It forecast an adjusted profit of $2.07-$2.24 per share.

Analysts had expected a profit of $2.91 per share and revenue of $1.01 billion, according to Thomson Reuters I/B/E/S. (Reporting By Lehar Maan in Bengaluru; Editing by Joyjeet Das)

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