3D Systems Announces Preliminary First Quarter 2015 Results

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UBS Downgrades 3D Systems (DDD) to Sell on Poor Execution, Demand Concerns

April 27, 2015 9:06 AM EDT

UBS downgraded 3D Systems (NYSE: DDD) from Neutral to Sell with a price target of $20.00 (from $32.00). The change follows disappointing Q1 results. Analyst Steven Milunovich pointed to poor execution and concerns about demand.

"3D has had a string of disappointments relating to... More

Piper Jaffray Downgrades 3D Systems (DDD) to Underweight; More Downside Ahead

April 27, 2015 6:49 AM EDT

Piper Jaffray downgraded 3D Systems (NYSE: DDD) from Neutral to Underweight with a price target of $21.00 (from $32.00) following the company's Q1 warning last week. The analyst belives the company will have to materially cut full year guidance and they believe the magnitude of this cut is not fully... More

UPDATE: Canaccord Genuity Downgrades 3D Systems (DDD) to Hold

April 27, 2015 6:37 AM EDT

(Updated - April 27, 2015 11:14 AM EDT)

Canaccord Genuity downgraded 3D Systems (NYSE: DDD) from Buy to Hold with a price target of $27.00 (from $50.00). Stratasys (NASDAQ: SSYS) was also downgraded. The change follows soft preliminary Q1 results from 3D Systems, which led to slower growth assumptions. Analyst Bobby... More

3D Systems (DDD) Numbers Slashed at Stifel Following Warning; Maintain Buy on 'Troughing Fundamentals'

April 24, 2015 12:20 PM EDT

Stifel analyst Patrick Newton slashed estimates and his price target on 3D Systems (NYSE: DDD) to $35.00 (from $42.00) following today's negative pre-announcement. However, the firm maintained a Buy rating on 'troughing fundamentals.'

Newtwon commented, "3D Systems has had a painful multi-quarter span with multiple negative... More

3D Systems (DDD) Prelim. Q1 Results Miss Expectations

April 24, 2015 8:01 AM EDT

3D Systems (NYSE: DDD) announced that it anticipates its first quarter revenue to be in the range of $158 million to $160 million. The company expects to report a GAAP loss in the range of $0.13 per share to $0.15 per share and non-GAAP earnings in the range of $0.02 per share to $0.04 per share. The company expects to report that it ended the quarter with approximately $200 million of available cash.

*** The Street sees Q1 revenue of $182.8 million and EPS of $0.17.

These preliminary results are based on current expectations, subject to quarter-end closing adjustments, and actual results... More