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Stock impact report

3D Systems (DDD) Up 10.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

3D Systems Corporation (DDD) 
Last 3d systems corporation earnings: 2/26 04:01 pm Check Earnings Report
US:NYSE Investor Relations: 3dsystems.com/investor
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is 3D Systems due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. 3D Systems Q4 Earnings Miss Estimates, Revenues Down Y/Y 3D Systems reported third-quarter 2023 non-GAAP earnings of 1 cent per share, comfortably beating the Zacks Consensus Estimate of a loss of 6 cents. The company had reported a loss of 5 cents per share in the year-ago quarter. The company reported revenues of $123.8 million, which declined 6.4% year over year and lagged the consensus mark by 0.07%. In the third quarter, Product revenues represented 42.4% of total revenues and decreased 18.3% to $80.4 million. The figure lagged the Zacks Consensus Estimate by 2.05%. Services revenues, which accounted for the remaining 35% of revenues, jumped 20.8% year over year to $4 Show less Read more
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