Boston, MA 02\/06\/2014 (wallstreetpr) – 3D Systems Corporation (NYSE:DDD) <\/b>announced on February 5, that it expects its fourth quarter financial revenues to be in the range of $513 \u2013 514 million within its previous guidance range of $500 million to $530 million however it anticipated its adjusted earnings per share for the year end to be of $0.83-$0.87 below its guidance of $0.93-$1.03 and downgraded its guidance on revenue and earnings per share for the year 2014. The market was disappointed by the preliminary report published by 3D Systems which led to 3D Systems stock plummeting by 28% in a single day of trading after the news of their expected financial results reached the market.<\/p>\n
Revenue evaluation of 3D Systems <\/b><\/p>\n
3D Systems Corporation (NYSE:DDD) has reported that it will publish its full and final fourth quarter financial results for the year ending 2013 on February 28 however it did publish its preliminary results issuing a profit warning reducing its revenue and earnings per share expectations for the fourth quarter. 3D Systems have stated that the reduction in their revenue is mainly due to sluggish consumer demand for its products and tough competition for its products. Even though 3D Systems is the best 3D company in the industry and its products are in high demand by industry consumers yet 3D systems which had posted positive GAAP earnings over several years is generating falling revenues for the past few years\u00a0 giving a reason to worry for its investors. 3D systems kept harping on the fact that its profit margins are shrinking because it is significantly investing in research and development of its products, marketing and in increasing sales of its products, an excuse which sounded lame to the market and disappointed its investors.<\/p>\n
3D Systems future<\/b><\/p>\n
3D Systems Corporation (NYSE:DDD) have issued full year guidance for the year 2014 wherein its revenue guidance is in the range of $680 million-$720 million significantly more than market\u2019s expectations of $671.29 million and it declared guidance for adjusted earnings per share of $0.73-$0.85 falling below analysts\u2019 expectations of earnings of $1.27 per share. Although 3D Systems management seems somewhat justified in keeping the larger view and banking on long term profits then to rely merely on short term gains but in the long run 3D Systems Corporation (NYSE:DDD) will have to prove itself as a company worth believing in and a stock worth holding on to!<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 02\/06\/2014 (wallstreetpr) – 3D Systems Corporation (NYSE:DDD) announced on February 5, that it expects its fourth quarter financial revenues to be in the […]<\/p>\n","protected":false},"author":32,"featured_media":14628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[4496,4497],"stock_ticker":[],"class_list":["post-14623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-3d-systems-corporation-nyseddd","tag-nyseddd","entry"],"acf":[],"yoast_head":"\n