Citi Downgrades 3D Systems (DDD) to Neutral

3D Systems (DDD) PT Trimmed at UBS

UBS maintained a Neutral rating on 3D Systems (NYSE: DDD) with a modified price target of $50.00 (from $51.00). Analyst Steven Milunovich noted potential yellow flags in Q2 results.

"There were a number of potential yellow flags in the earnings report: (1) a delay in consumer printers was... More

Piper Jaffray Downgrades 3D Systems (DDD) to Neutral

Piper Jaffray downgraded 3D Systems (NYSE: DDD) from Overweight to Neutral with a price target of $50.00 (from $63.00).

Analyst Troy Jensen comments, "3D Systems reported Q2 results which saw organic revenue growth slow to 10% on a y/y basis from 28% in Q1. While... More

Bear Sees No Reason to Change Opinion on 3D Systems (DDD) Following Q2 Report

William Blair affirmed its Underperform rating on 3D Systems (NYSE: DDD) following Q2 results.

Analyst Brian Drab summarized results:

3D Systems reported second-quarter revenue and earnings results that were below consensus expectations, with revenue of $152 million (consensus of $162 million) and adjusted EPS of $0.16 (consensus of $0.18). Revenue growth of 25 percent was a function of 10 percent organic growth and 15 percent related to acquisitions. Printers and other products revenue increased only 2 percent sequentially, while materials revenue declined 6 percent sequentially. Revenue of $62 million within the printers and other products category was well below consensus expectations for $72 million.... More

FBR Capital Downgrades 3D Systems (DDD) to Market Perform

FBR Capital downgraded 3D Systems (NYSE: DDD) from Outperform to Market Perform with a price target of $48.00 (from $83.00).

Analyst Ajay Kejriwal comments, This follows disappointing 2Q results that included organic revenue growth slowing to only 10% and gross margins compressing 400 bps YOY to 47.8%. Management provided a number of reasons for the 2Q slowdown including voluntary delayed launch of some consumer products and a pushout of orders... More

3D Systems (DDD) Peers on Watch Following Q2 Report

3D Systems (NYSE: DDD) reported Q2 results Thursday, with a miss on the top and bottom line, although FY revenue guidance increased... More

3D Systems, Inc. (DDD) Misses Q2 EPS by 2c; Raises FY Rev Guidance

3D Systems, Inc. (NYSE: DDD) reported Q2 EPS of $0.16, $0.02 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $151.5 million versus the consensus estimate of $162.3 million.

Management expects 2014 revenue to be in the range of $700 million to $740 million and its GAAP earnings per share to be in the range of $0.44 to $0.56 and non-GAAP earnings per share to be in the range of $0.73 to $0.85. (consensus $713.8M and $0.81).

"We are pleased that unit sales... More