Market Overview

UPDATE: 3D Systems Posts Higher Q4 Profit

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3D Systems (NYSE: DDD) reported a rise in its fourth-quarter net income.

3D Systems' quarterly net income surged to $10.9 million, or $0.19 per share, versus $8 million, or $0.16 per share, in the year-ago period. Excluding items, it earned $0.39 per share.

Its revenue climbed 45% to $101.6 million. However, analysts were expecting earnings of $0.26 per share on revenue of $103.9 million.

3D Systems shares dipped 41.37% to $33.39 in pre-market trading.

Posted-In: profitEarnings News

 

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