Tag Archives: ddd

3D Systems Fumbles In Q1, Declines To Give Guidance

Woes in the 3D printer industry continued with 3D Systems (DDD) declining to provide full-year guidance after posting first-quarter earnings Wednesday morning. 3D Systems had provided preliminary Q1 earnings on April 24 that fell sharply below views. Analysts followed that announcement with highly critical reports. 3D Systems stock was down nearly 7% to 22.60 in early afternoon trading on the stock market today. The stock had reached an all-time

3D Systems Hammered By Analysts After Q1 Report

Several analysts downgraded 3D Systems (DDD) Monday following the release of preliminary first-quarter results on Friday that fell sharply below expectations. UBS lowered 3D Systems to a sell from neutral rating and cut its price target to 20 from 32. “3D has had a string of disappointments relating to execution issues with the timing of demand now an additional worry, resulting in no organic growth,” wrote UBS analyst Steven Milunovich. 3D

3D Systems Preliminary Results Disappoint, Shares Sag

Shares of 3D printer maker 3D Systems (DDD) on Friday reached a low not seen since November 2012 after the company reported ugly preliminary first-quarter results, saying weaker foreign currencies and the effects of lower oil prices caused its customers to make fewer printer-related purchases. The company, which saw sinking profits last year despite persistent hype around the 3D printer industry, said it expects first-quarter non-GAAP earnings per