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3D Systems Tanks On Revenue & Earnings Miss

3D Systems Corporation (DDD - Free Report) released its second-quarter 2017 financial results, posting a loss of $0.08 per share and revenues of $159.5 million. Currently, 3D Systems is a Zacks Rank #3 (Hold) and is down 9.70% to $15.36 per share in after-hours trading shortly after its earnings report was released.

3D Systems:

Missed earnings estimates. The company posted a loss of $0.08 per share. Adjusting for stock option expenses, the company's loss was $0.07 per share, which missed the Zacks Consensus Estimate of a profit of $0.06 per share.

Missed revenue estimates. The company saw revenue figures of $159.5 million, missing our consensus estimate of $163 million.

3D Systems’ revenue grew 1% year-over-year. The company’s GAAP per share loss doubled from $0.04 per share in the year-ago period.

The South Carolina-based company saw demand for its production systems, software, and healthcare solutions increase in the...


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