BUZZ-Stratasys rises on Q3 profit, annual forecast raise

Reuters11-13 21:27

** Shares of Stratasys Ltd up 10.49% at $9.27 premarket

** Co raises FY2024 adjusted EPS forecast range to $0.03 to $0.07 from prior view of $0.01 to $0.05

** Reports Q3 adjusted EPS of $0.01 vs loss of $0.04 in Q2

** "We returned to non-GAAP profitability in the third quarter, overcoming ongoing revenue pressures, further demonstrating the effective execution of our business plan by our entire team," says Dr. Yoav Zeif, chief executive officer

** Including session's gains, stock down 41.25%

(Reporting by Subiksha S in Bangalore)

((Subiksha.S@thomsonreuters.com))

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