3D Systems (DDD) Misses Q2 EPS by 6c
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EPS Growth %: -50.0%
General and administrative: 497K
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3D Systems (NYSE: DDD) reported Q2 EPS of $0.03, $0.06 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $170.5 million versus the consensus estimate of $173.9 million.
Strengthening demand for the company's products and services resulted in a 25% increase in revenue in EMEA, compared to the second quarter of 2014. Continued macroeconomic weaknesses in APAC compressed revenue by 9%. Moderate recovery in the Americas held revenue growth to 15%.
Overall, the company experienced sequential growth in its SLA, SLS and DMP 3D printers as industrial customers, including aerospace and healthcare, began to resume purchasing. MJP and CJP 3D printer units leveled off sequentially after several periods of progressive decline.
For earnings history and earnings-related data on 3D Systems (DDD) click here.
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