U.S. Markets closed

3D Systems: 3Q Earnings Snapshot

ROCK HILL, S.C. (AP) _ 3D Systems Corp. (DDD) on Tuesday reported a loss of $11.6 million in its third quarter.

On a per-share basis, the Rock Hill, South Carolina-based company said it had a loss of 10 cents. Earnings, adjusted for one-time gains and costs, were 2 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 2 cents per share.

The maker of 3D printers posted revenue of $164.5 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $170.1 million.

3D Systems shares have increased 96 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.95, a rise of 47 percent in the last 12 months.


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