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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 CPXMax professional 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.
Fool contributor Evan Niu, CFA, has no positions in the stocks mentioned above. The Motley Fool owns shares of 3D Systems and has the following options: short JAN 2014 $55.00 calls on 3D Systems and short JAN 2014 $30.00 puts on 3D Systems. Motley Fool newsletter services recommend 3D Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.