In this video, Motley Fool industrials analyst Blake Bos reviews the latest earnings report from 3D Systems (NYSE: DDD ) . Overall, it is a good report: Revenues and earnings slightly exceeded Wall Street expectations. The company maintained its guidance for 2013, but did point out that its tax rates will increase. 3D Systems was a little light on R&D spending, only 7%, so this would be something to watch in the future because growth companies typically spend more. Management noted that new products, including its new Cube X printer, have been selling well, but hard numbers will have to wait until the next quarter. The company plans on focusing on the medical device market and developing synergies with its recently acquired software company. The software acquisition looks particularly promising given its high profit margins.
Jumping Into 3D Systems' Earnings: Software and Research
May 1, 2013 | Comments (0)
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