- 3D Systems (DDD -3.4%) guides in its Q3 report for 2013 revenue of $500M-$530M; that's favorable to a prior range of $485M-$510M and a consensus of $505.4M. On the other hand, thanks to continued spending growth, 3D's EPS guidance range now stands at $0.93-$1.03 vs. a prior range of $1.05-$1.20 and a consensus of $1.01.
- 3D's R&D spend, criticized in the past for being too meager, jumped 12% Q/Q and 95% Y/Y in Q3 to $10.8M, after rising 94% Y/Y in Q2; it's now at 8% of revenue. SG&A spend +40% Y/Y to $32.1M (24% of revenue).
- Product revenue +76% Y/Y after rising 108% in Q2. Print materials growth accelerated to 30% from Q2's 12%, and services growth jumped to 38% from Q2's 19%. Growth rates were boosted some by acquisitions.
- Gross margin was 52.6%, +80 bps Q/Q and Y/Y. Healthcare accounted for 12% of revenue, and consumer solutions 10%.
at CNBC.com (Nov 18, 2014)