Stratasys Limited (NASDAQ: SSYS) is the largest company in the 3D printing solutions industry. The company posted a healthy Q4 earnings report in the sense that it managed to stay above the Street on most fronts. The guidance for the company was better than expected and it is currently one of the reasons why the stock has climbed by almost 19% in the opening couple of hours today, continuing the upwards trend from yesterday.

The revenue posted by the company totals to $173.4 million as against the consensus of $168.31 million. The EPS for the company came out to be almost a break even at $0.01(negative) against the Street’s expectation of negative $0.12. In Q4FY14 the revenue was reported at $0.48.

The guidance for the company has, however, significantly improved with EPS range $0.17 – $0.43 for the year 2016 vs. Street’s $0.18. The FY2016 revenue guidance range is $700-$730 million vs. Street’s $700.6 million estimate.

Needham and Company analyst James Ricchitui believes the company has delivered better than expectations but the fact that the expectations were low to begin with cannot be put aside. The 1-5% revenue growth guidance is not one of the fanciest achievements in the book as the company is not out of the woods yet. The 3D printing industry and environment has been stabilizing as of late and the analyst foresees no immediate threats to the industry. He further added that SSYS is now right footed for that extra push and we might be in for surprised in the coming couple of years. Margins are expected to come in at handsome rates given the operating expenses remain the same.

The analyst maintained a Buy rating on the stock but cut the price target down to $28 from $32. The analyst opinion is largely a Hold with 12 ratings, while, two Strong Buys, four Buys, two Underperforms and one Sell rating forms the tally of 21 total ratings on the stock. The stock is currently trading at $29.16 showing a 19% increase since opening, keeping the trends from yesterday intact.