Saturday, March 8, 2014
3D Systems: Printing Revenue Instead Of Profits
Along with Q413 earnings, 3D Systems (DDD) made the proclamation that it would reach revenue of $1 billion during 2015. While the news generated a great deal of buzz, especially considering analysts only forecast revenue of around $900 million, the real deal is that the company will again print the revenue via acquisitions instead of organic growth. As with the guidance for declining earnings in 2014, the company continues to focus on growth over profits.
The company is a leading provider of 3-D printers, print materials, and on-demand customer parts for professionals and consumers. After a recent stock slide, 3D Systems has a market value of nearly $8 billion, with revenue forecasted to average $700 million in 2014.
Read the full article at Seeking Alpha.
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