3D Systems Reports Q3 Revenue Beat Amid Non-GAAP EPS Miss
3D Systems (NYSE: DDD) reported third-quarter financial results characterized by a revenue beat alongside an earnings miss. The company posted revenue of $99.3 million, representing an 8.9% increase year-over-year and an 11% increase when excluding software divestitures. This growth was primarily driven by double-digit expansion in its new printer sales and parts manufacturing segments. Despite the top-line strength, the company's Non-GAAP earnings per share (EPS) of -$0.06 fell short of market expectations by $0.02. The mixed results highlight a period of operational growth in core additive manufacturing sectors even as profitability remains under pressure.
Tickers: $DDD
Topics: additive manufacturing earnings miss financial results revenue beat