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What: Shares of 3D Systems (NYSE: DDD ) have jumped today by as much as 12% after the company launched two next-generation 3-D printers.
So what: The ProJet 3500 HDMax And ProJet 3500 CPXMaxprofessional series are now available and offer higher productivity and larger prints, among other features. The printers utilize 3D Systems' newest patented Multi-Jet Modeling technology and product VP Buddy Byrum said they're the company's best yet.
Now what: The new models also feature connectivity with mobile devices like smartphones and tablets for remote control. 3D Systems continues to post strong growth, so it's important for it to continue releasing new models to ride that momentum. Excluding Cube printer units, printer units sold skyrocketed by 123% last quarter and the company had a backlog of $9.3 million.
3D Systems is at the leading edge of a disruptive technological revolution, with the broadest portfolio of 3-D printers in the industry. However, despite years of earnings growth, 3D Systems' share price has risen even faster, and today the company sports a dizzying valuation. To help investors decide whether the future of additive manufacturing is bright enough to justify the lofty price tag on the company's shares, The Motley Fool has compiled a premium research report on whether 3D Systems is a buy right now. In our report, we take a close look at 3D Systems' opportunities, risks, and critical factors for growth. You'll also find reasons to buy or sell, and receive a full year of analyst updates with the report. To start reading, simply click here now for instant access.