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3D Systems' Q1 Loss Widens, Revenue Drops; Shares Fall After Hours
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3D Systems' Q1 Loss Widens, Revenue Drops; Shares Fall After Hours
Aug 20, 2024 2:57 PM

05:19 PM EDT, 08/20/2024 (MT Newswires) -- 3D Systems ( DDD ) reported a Q1 non-GAAP loss late Tuesday of $0.17 per diluted share, compared with a loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a $0.09 loss.

Revenue for the quarter ended March 31 fell to $102.9 million from $121.2 million a year earlier.

Analysts surveyed by Capital IQ expected $106.6 million.

For fiscal Q2, the company expects revenue of $113 million to $113.5 million.

The consensus is for $116.5 million.

3D Systems ( DDD ) shares were down nearly 3% in after-hours activity.

Price: 2.4500, Change: -0.07, Percent Change: -2.78

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