Stratasys (NASDAQ: SSYS) reported its third-quarter 2017 earnings before the market opened on Tuesday. The 3D printing company’s revenue edged down nearly 1%, loss per share narrowed significantly, and adjusted earnings per share (EPS) came in at $0.08, up from $0.00 in the year-ago period.
Shares closed higher 4.3% on Tuesday. We can attribute the market’s reaction to adjusted EPS that comfortably beat Wall Street’s expectation of $0.05, as well as Stratasys’ increase in its full-year 2017 earnings guidance.