DDD It was not a happy day for 3D Systems when they faced financial analysts early, to pre-announce that Q1 revenues were down, way down. Wall Street had expected a profit of $0.17/share, but the company instead expects a loss of $0.13 - $0.15. Projected revenues are falling from a projected $182.2 million to an expected $158 - $160. CEO Avi Reichental explains: We were surprised and disappointed by the abrupt interruption in customer demand late in the quarter from several economic factors that we believe caused many of our industrial customers to defer their planned investments. He explained the... Read more →
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