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3D Systems Earnings Beat Expectations; Stock Pops

3D Systems Earnings Beat Expectations; Stock Pops

Written by David

February 28, 2020


3D Systems ( NYSE:DDD ) released fourth-quarter and full-year 2019 results after the market closed on Wednesday. While the results were nothing to cheer about, shares of the 3D printing specialist were up 3.5% in Wednesday’s after-hours trading session. We can attribute the market’s positive initial reaction to quarterly results that beat Wall Street consensus estimates for both the top and bottom lines.


Here’s how the quarter worked out for 3D Systems and its investors. Image source: Getty Images. 3D Systems’ key numbers Revenue $164.6 million $180.7 million (8.9%) GAAP operating income ($4.7 million) ($7.0 million) Loss narrowed 33% GAAP net income ($4.7 million) ($4.1 million) Loss widened 15% Adjusted net income $5.5 million $11.4 million (52%) GAAP earnings per share (EPS) ($0.04) ($0.04) — For the fourth quarter, Wall Street was looking for adjusted EPS of $0.01 on revenue of $163.7 million. So 3D Systems beat both expectations. […]

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