3D Systems (DDD) Tops Q4 EPS by 5c, Offers Guidance
3D Systems (NYSE: DDD) reported Q4 EPS of $0.09, $0.05 better than the analyst estimate of $0.04. Revenue for the quarter came in at $150.9 million versus the consensus estimate of $144.18 million.
GUIDANCE:
3D Systems sees 2022 revenue of $570-630 million, versus the consensus of $573.5 million.
- The company is now providing annual guidance for revenue, non-GAAP gross margins and non-GAAP operating expenses. The company expects full-year 2022 revenue to be within a range of $570 million and $630 million. The company expects full-year 2022 non-GAAP gross margins to be between 40% to 44% and non-GAAP operating expenses to be between $225 million and $250 million. Our 2022 guidance assumes no significant macroeconomic events that negatively impact our business, such as COVID-19, geopolitical events, or other factors that could impact either demand or disrupt our supply chain.
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