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3D Systems (DDD) Stock Advances After Q2 Earnings Beat

NEW YORK (TheStreet) -- Shares of 3D Systems (DDD) are surging 17.16% to $14.29 in early morning trading today after the 3D services company posted better-than-expected 2016 second quarter earnings before today's opening bell.

3D Systems reported earnings of 12 cents per share, double analysts estimates of 6 cents per share. Revenue came in at $158.1 million, falling short of the $161 million analysts predicted.

Decreased demand for 3D printers pushed the company's revenue down 7% year-over-year, 3D Systems said. As a result, the company said it has been...