3D Systems tanks following Q2 report, peers also down

With 3D's (DDD -6.8%) shares up 5x from the start of 2012 going into the report, there wasn't much margin for error.

Stratasys (SSYS -3.2%) and ExOne (XONE -5.1%) are lower in sympathy.

3D's big Q2 R&D spending ramp follows complaints the company and other 3D printer makers haven't been spending enough on R&D to drive broader 3D printing adoption.

R&D still only totaled 7.9% of revenue in Q2, well below the percentages spent by many tech companies.

SG&A spend rose 23% Q/Q and 50% Y/Y to $36.2M. It remains nearly 4x greater than R&D spend ($9.6M).

Q2 results, PR

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Comments (2)
  • mah7925
    , contributor
    Comments (9) | Send Message
    While I understand that DDD missed earning by a penny, the outlook is favorable, particularly in Europe. Can someone offer an explanation why it tanked?
    30 Jul 2013, 11:20 AM Reply Like
  • Izzy1
    , contributor
    Comments (194) | Send Message
    The release I saw said it missed earnings by 4 cents.
    30 Jul 2013, 06:25 PM Reply Like
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