14.03.2016 - 3D Systems has reduced its revenue by 2.2%
3D Systems Corp. reported for the 4th quarter of last year. As a result, revenues fell by 2.2%, which was better than expected. Thus, revenue fell to 183.4 million dollars against 187.4 million dollars during the same period in 2014. The median forecast was around 166 million. The company's loss totaled 596.4 million dollars compared to 1.6 million dollars profit for the 4th quarter of 2014. The reason for this result was the write-down of 537, 2 million dollars. Despite the sharp drop in the past period, the company's shares may rise by 10-12% in the near future.