— 3D Systems (NYSE: DDD) reported non-GAAP earnings of $0.05 per share for its fourth quarter of 2019 vs. $0.01 expected.
— Revenue declined to $164.6 million compared to $180.7 million in the prior-year, but bettered than estimated revenue of $163.71 million.
— GAAP loss of $0.04 per share was unchanged from the prior-year quarter.
— Printer revenue declined 22.8% due to the delay in factory metals printing shipments, timing of large enterprise customer orders and the softer macro industrial environment.
— While Materials revenue increased 7.3%, revenue from healthcare solutions, on demand services and software businesses decreased 5.9%, 17.2% and 10.2%, respectively.
— DDD stock gained about 3% during the after-market session.
Get access to timely and accurate verbatim transcripts that are published within hours of the event
Most Popular
Will the pandemic help or hurt Target (TGT)?
As the coronavirus pandemic rages on, major retailers continue to experience huge demand for food and essential items both in their stores and online. Target Corporation (NYSE: TGT) is one
GameStop (GME) swings to profit in Q4, beats estimates
GameStop Corp. (NYSE: GME) swung to a profit in the fourth quarter of 2019 from a loss last year, helped by lower costs and expenses despite a 28% dip in
Is Skechers’ global footprint strong enough to tide over present crisis?
Footwear maker Skechers USA, Inc. (NYSE: SKX) lost considerable market value in recent weeks and under-performed the industry, amid growing fears that a recession is imminent. The crisis has left