3D Systems Cuts FHY23 Revenue Guidance
Portfolio Pulse from Benzinga Newsdesk
3D Systems has cut its revenue guidance for the fiscal year 2023.
August 09, 2023 | 10:31 am
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3D Systems has reduced its revenue forecast for FY23, which could negatively impact investor sentiment and the company's stock price.
Companies often cut their revenue guidance due to anticipated lower sales or unexpected costs. This news could lead to a decrease in investor confidence in 3D Systems, potentially leading to a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100