Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Consolidated Statements of Operations and Comprehensive Loss

v3.19.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net sales    
Total net sales $ 155,300 $ 153,833
Cost of sales    
Total cost of sales 78,843 78,183
Gross profit 76,457 75,650
Operating expenses    
Research and development, net 22,574 25,110
Selling, general and administrative 57,154 57,005
Total operating expenses 79,728 82,115
Operating loss (3,271) (6,465)
Financial income, net 753 8
Loss before income taxes (2,518) (6,457)
Income tax expenses 1,218 601
Share in profits (losses) of associated companies 1,423 (6,073)
Net loss (2,313) (13,131)
Net loss attributable to non-controlling interests (43) (90)
Net loss attributable to Stratasys Ltd. $ (2,270) $ (13,041)
Net loss per ordinary share attributable to Stratasys Ltd. - basic and diluted $ (0.04) $ (0.24)
Weighted average ordinary shares outstanding - basic and diluted 53,966 53,657
Comprehensive loss    
Net loss $ (2,313) $ (13,131)
Other comprehensive income (loss), net of tax:    
Foreign currency translation adjustments (427) 2,011
Unrealized gains (losses) on derivatives designated as cash flow hedges 995 (325)
Other comprehensive income, net of tax 568 1,686
Comprehensive loss (1,745) (11,445)
Less: comprehensive loss attributable to non-controlling interests (43) (90)
Comprehensive loss attributable to Stratasys Ltd. (1,702) (11,355)
Products [Member]    
Net sales    
Total net sales 105,091 103,917
Cost of sales    
Total cost of sales 44,169 45,218
Services [Member]    
Net sales    
Total net sales 50,209 49,916
Cost of sales    
Total cost of sales $ 34,674 $ 32,965