3D Sys Q3 Adj $0.01 Beats $(0.06) Estimate, Sales $123.79M Miss $129.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
3D Sys (NYSE:DDD) reported Q3 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.06) by 116.67 percent. However, the company's quarterly sales of $123.79 million missed the analyst consensus estimate of $129.97 million by 4.75 percent.
November 08, 2023 | 12:21 am
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NEUTRAL IMPACT
3D Sys beat earnings estimates but missed on sales. This mixed result could lead to uncertainty in the stock's short-term performance.
3D Sys reported better than expected earnings, which is typically positive for the stock. However, the company missed sales estimates, which could offset the positive earnings news. The net impact on the stock is uncertain in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100