3D Systems (DDD) Tops Q1 EPS by 4c

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3D Systems Reports Fourth Quarter and Full Year 2019 Financial Results

February 26, 2020 4:01 PM EST

ROCK HILL, S.C., Feb. 26, 2020 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE: DDD) announced today its financial results for the fourth quarter and full year ended December 31, 2019.

For the fourth quarter of 2019, the company reported GAAP revenue of $164.6 million, compared to $180.7 million in the same period last year. Printer revenue decreased by 22.8 percent due to the delay in factory metals printing shipments, timing of large enterprise customer orders and the softer macro industrial environment. Materials revenue increased 7.3 percent, healthcare solutions revenue decreased 5.9 percent including a large enterprise customer and decreased 2.3... More