Why 3D Systems Shares Are Trading Higher Today

Benzinga2021-08-10

3D Systems Corp (NYSE:DDD) is trading higher Tuesday after the company announced better-than-expected second-quarter financial results.

3D Systems reported quarterly earnings of 12 cents per share, which beat the estimate of 5 cents per share. The company reported quarterly revenue of $162.6 million, which beat the estimate of $143.28 million.

3D Systems said its revenue results reflect double-digit growth on a consecutive quarter over quarter and year over year basis.

"Not only is the global economy rebounding, but additive manufacturing is being implemented at an increasing rate in production as companies seek a more capable and flexible supply chain for critical components," said Jeffrey Graves, president and CEO of 3D Systems.

Price Action: 3D Systems has traded as high as $56.50 and as low as $4.60 over a 52-week period.

At last check Tuesday, the stock was up 12% at $31.75.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

AliPharma
2021-08-10
AliPharma
ok
Kellywan73
2021-08-10
Kellywan73
Good
- Kellywan73:
  [Sad]
- Kellywan73:
  [Strong]
- AliPharma:
  nice
- Seekinlobang:
  ?
- Kellywan73:
  LiKe me
MichelleLaw
2021-08-10
MichelleLaw
Wow[財迷] [財迷] [財迷]
- Joyh:
  Ok
- Lachry:
  haha
- RossT:
  Yay
Rache13
2021-08-10
Rache13
Wow
Sallyoo
2021-08-10
Sallyoo
Like and comment
- KailashN:
  Done
- Sallyoo:
  Reply pls
jazzspeed
2021-08-10
jazzspeed
and why i dont own that stock [流淚]

Leave a comment

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