Revenue during the quarter dropped 6.21 percent to $157.18 million from $167.58 million in the previous year period. Gross margin for the quarter period stood at positive 46.88 percent as compared to a negative 47.68 percent for the previous year period.

Operating loss for the quarter was $19.36 million, compared with an operating loss of $931.33 million in the previous year period.

However, the adjusted operating profit for the quarter stood at $3.29 million compared to operating loss of $9.98 million in prior year period.

"The introductions of the Stratasys Infinite-Build and Robotic Composite 3D Demonstrators both evidence the unique long-term value of our core technologies and highlight the importance of strategic collaborations in developing solutions that target specific, high-value added applications," said Ilan Levin, chief executive officer of Stratasys. "These innovations demonstrate our potential to meet the needs of customers by leveraging our core assets within key vertical markets. We believe these types of opportunities remain significant across multiple industries, and we are committed to seeking their further development."

For financial year 2016, Stratasys Ltd. forecasts revenue to be in the range of $662 million to $673 million. The company projects net loss to be in the range of $76 million to $71 million and adjusted net income to be in the range of $7 million to $11 million. It company expects diluted loss per share to be in the range of $1.44 to $1.35 and diluted earnings per share to be in the range of $0.13 to $0.21 on adjusted basis.