3D Systems: Q2 Earnings Snapshot

August 8, 2022 GMT

ROCK HILL, S.C. (AP) _ 3D Systems Corp. (DDD) on Monday reported a loss of $33 million in its second quarter.

On a per-share basis, the Rock Hill, South Carolina-based company said it had a loss of 26 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 7 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The maker of 3D printers posted revenue of $140 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $149.1 million.

3D Systems expects full-year revenue in the range of $530 million to $570 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDD at https://www.zacks.com/ap/DDD