Categories Earnings, Technology

3D Systems (DDD) Q4 2019 Earnings Snapshot

— 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.

Earnings Update by AlphaStreet

— 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.

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