>>> 3D Systems beats by $0.13, reports revs in-line with upside preannouncement

3D Systems beats by $0.13, reports revs in-line with upside preannouncement
  • Reports Q4 (Dec) earnings of $0.19 per share, excluding non-recurring items, $0.13 better than the Capital IQ Consensus of $0.06; revenues fell 2.1% year/year to $183.4 mln vs the $183 mln Capital IQ Consensus.
  • Guided rev $183 mln vs. $160 mln consensus on Feb 11.
  • "We believe that by leveraging our domain expertise, partner and customer relationships and advanced technology we are well positioned to capitalize on meaningful opportunities in key verticals," continued Johnson. "We are continuing an extensive and comprehensive review of our business and strategy and taking steps to better prioritize our resources and focus our investments."