Rock Hill, S.C., 3D Systems Corp. reported a fourth-quarter loss and provided revenue guidance this week, while other firms released mixed quarterly results. 3D Systems posted a $19.5 million Q4 loss, a $0.15 per-share loss (adjusted $0.13), and $106.3 million in revenue, and forecast $91–94 million for the March quarter. W&T Offshore reported a $27.1 million Q4 loss and lower annual results. Q32 Bio reported $57.7 million net income and $53.7 million in quarterly revenue. Analysts and company executives commented on performance trends. Company statements and automated news reports supplied the figures. Based on 6 articles reviewed and supporting research.
Prepared by Christopher Adams and reviewed by editorial team.
Investors in 3D Systems’ targeted healthcare, dental, and aerospace segments may benefit if management sustains stated growth trajectories and the company achieves the guided revenue range for the upcoming quarter.
Shareholders of W&T Offshore and short-term investors in 3D Systems faced pressure from reported quarterly losses and lowered annual performance, reflecting weaker near-term earnings for those companies.
No left-leaning sources found for this story.
Companies Report Mixed Q4 Results, 3D Systems Guidance
WHAS 11 Louisville 9NEWS WTOP Green Stock News WHAS 11 Louisville WHAS 11 Louisville WHAS 11 Louisville 9NEWS WHAS 11 LouisvilleNo right-leaning sources found for this story.
Comments