Investors are focused actively on 3D Systems Corporation (NYSE: DDD)

On Wednesday, 3D Systems Corporation (NYSE: DDD) shares price traded between $14.95 and $15.29 during the last trading session downbeat with -0.60 percent at $15.02. The shares recorded a trading volume 1,314,205 shares as compared to its average volume of 2,491,639 shares. The company has 113.81 million shares outstanding and market value of 1.709 billion. Over the one year trading period, the stock has a peak price of $19.06 and its down is recorded at $7.92.

3D Systems (DDD) has released an e-commerce site for its new FabPro™ 1000 entry-level industrial 3D printer which combines smooth surface quality, accelerated throughput and a straightforward user interface.

This powerful, compact additive manufacturing system is optimized for producing high quality plastic part prototypes as well as casting patterns for jewelry at print speeds up to three times faster than competitively priced systems. It’s powered by 3D Sprint™ best-in-class software to simplify part preparation and print monitoring and is provided with three different materials: FabPro Tough BLK for functional prototyping and production parts, FabPro Proto GRY for fine featured prototypes and models, and FabPro JewelCast GRN for jewelry master patterns used for gypsum investment casting applications.

“The FabPro one thousand checks all the boxes on professional designers’ and engineers’ wish lists for entry-level 3D printing. Yes it’s a compact device, but it’s also a powerful integrated solution, including optimized software, a choice of specialized materials, an intuitive user interface, and an optional, revolutionary, light-based UV post-curing unit,” stated Phil Schultz, senior vice president, general manager, on demand manufacturing and plastics, 3D Systems. “The result is that FabPro 1 thousand delivers very high quality parts quickly and efficiently with a low Total Cost of Operation. To make these advantages even more accessible, we’ve released an e-commerce site for FabPro one thousand. We encourage everyone to visit the site, check out the specs and pricing, and order their FabPro 1000 recently.”

3D Systems Corporation (DDD) reported recently its financial results for the 1st quarter ended March 31, 2018. For the 1st quarter of 2018, the company stated 6% revenue growth to $165.9M contrast to $156.4M in the 1st quarter of the previous year. The company stated a first quarter 2018 GAAP loss of $0.19 per share contrast to a loss of $0.09 per share in the previous year, and 1st quarter 2018 non-GAAP loss of $0.03 per share contrast to non-GAAP earnings of $0.06 per share in the first quarter of 2017.

The company stated 24% higher printer revenue on 44% higher printer unit sales as well as growth in software, on demand manufacturing and healthcare solutions.

The company stated GAAP gross profit margin of 46.9% for the 1st quarter of 2018 contrast to 51.3 percent in the 1st quarter of the previous year. The impact of mix of sales and continued investment in services and on demand manufacturing offset cost reductions achieved from ongoing supply chain cost reduction initiatives.

For the 1st quarter of 2018, GAAP operating expenses were $95.4M contrast to $89.3M in the previous year period. SG&A expenses raised 5 percent to $69.5M, which included continued investment in go-to-market and IT transformation. R&D expenses raised 13% over the 1st quarter of 2017 to $25.9M, including continued investments in support of the before stated new products the firm plans to start shipping throughout 2018.

The stock’s price switched up 3.56 percent 20-Days Simple Moving Average added 10.79 percent from 50-Days Simple Moving Average and rose 32.36 percent from 200 Days Simple Moving Average. EPS growth for this year is -71.70 percent and EPS growth for next year is expected to reach at 197.37 percent EPS growth in past five years was -26.50 percent while EPS growth in next five years is projected to arrive at 10.00 percent Sales growth past 5 years was measured at 12.80 percent


Related Posts :