3D Systems misses Wall Street’s Q2 estimates

3D Systems Corp. (Nasdaq:TDSC) is up 8% in afternoon trading despite the maker of 3-D printing systems’ late Tuesday announcement that its second-quarter revenue totaled $36.7 million, which fell short of Wall Street’s expectation of $38.2 million. During the year-earlier period, 3D Systems’ revenue totaled $36.4 million.

The Rock Hill, S.C.-based firm’s quarterly loss totaled $3.3 million, or $0.15 per share, versus a loss of $5.3 million, or $0.27 per share, a year ago. Wall Street was looking for earnings of $0.03 per share.

In Wednesday afternoon trading, TDSC is up 8.39%, or $0.93, to $12.01. For detailed price information and recent news stories about 3D Systems, click TDSC.

About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau. Read More

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