3D Systems shares are trading lower after the company issued preliminary Q3 revenue results below guidance and withdrew its FY23 financial guidance.
Portfolio Pulse from Benzinga Newsdesk
3D Systems has issued preliminary Q3 revenue results that are below guidance and has withdrawn its FY23 financial guidance. This has led to a decrease in the company's share price.
October 25, 2023 | 4:01 pm
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3D Systems' shares are trading lower due to disappointing preliminary Q3 revenue results and the withdrawal of its FY23 financial guidance.
3D Systems' shares are trading lower as the company's preliminary Q3 revenue results came in below guidance, indicating weaker than expected performance. Additionally, the company has withdrawn its FY23 financial guidance, which adds uncertainty about its future performance. This combination of disappointing results and increased uncertainty is likely to negatively impact the company's share price in the short term.
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