=Stratasys (SSYS) reported earnings Thur 3 March 2016 (b/o)

Stratasys beats by $0.11, beats on revs; guides FY16 above consensus :

• Reports Q4 (Dec) loss of $0.01 per share, excluding items, $0.11 better than the Capital IQ Consensus of ($0.12); Revenue $173.4mln vs $167.6 mln consensus.
• Co issues guidance for FY16, sees EPS of $0.17 -0.43 vs. $0.19 Capital IQ Consensus; sees FY16 revs of $700-730 mln vs. $700.98 mln Capital IQ Consensus.
• Stratasys provided the following additional information regarding the company's performance and strategic plans for 2016: Gross margins to improve modestly to a range of 54% to 55%. Operating margins of 3% to 5%. Taxes expense of $10 to $11 million, which includes the negative impact of the planned accounting treatment for tax valuation allowance. Capital expenditures are projected at $60 to $70 million, with approximately $45 million designated for completing the company's new facility in Israel.