3D Systems (DDD) Files Slides from Sitfel Presentation; Affirms Recent Outlook
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Citi Lifts PT on 3D Systems (DDD) to $78 Ahead of Q4 Report; Remains Long-Term Growth Story
February 12, 2014 9:16 AM EST3D Systems (NYSE: DDD) are positive early Wednesday following upbeat commentary from Citi.
Analyst Kenneth Wong said today that 3D Systems Q4 results should be in-line with preliminary results. He is raising his price target from $68 up to $78 ahead of the February... More
3D Systems (DDD) Warns on Profits
February 5, 2014 8:49 AM EST3D Systems Corp. (NYSE: DDD) anticipates its full year revenue to be in the range of $513 million to $514 million (consensus $514.24 million), within its previously raised revenue guidance range of $500 million to $530 million on over 30% organic revenue growth and over 50% total revenue growth for the fourth quarter of 2013. Compared to its expectations, the company experienced much stronger professional 3D printers and materials demand and softer on-demand parts and consumer demand during the fourth quarter. As a result, the company expects to report its December backlog nearly doubled sequentially to $28 million which included multiple advanced manufacturing 3D printers orders that it plans to deliver over the next year. These are preliminary, unaudited results based on current expectations and actual results may differ.
The... More
