3D Systems Corporation (DDD) Lowers EPS Guidance, Stock Crashes

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Mani
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3D Systems Corporation (NYSE:DDD) lowered its non-GAAP EPS guidance for FY 2013 in the range of $0.83 to $0.87 against its earlier guidance of $0.93 to $1.03. 3D Systems Corporation (NYSE:DDD)’s preliminary full year results revealed lower earnings per share thanks to its significant R&D, manufacturing and marketing investments. Reacting to the lowered guidance, 3D System’s stock fell over 25% today. The content-to-print solutions provider expects to report final fourth quarter and full year 2013 results on February 28, 2014. 3D Systems sacrifices short term for long term During the fourth quarter, 3D Systems Corporation (NYSE:DDD) made very significant R&D manufacturing and…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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