Wall Street (by Agamitsudo via Wikimedia Commons)
Wall Street
Wall Street (by Agamitsudo via Wikimedia Commons)
The perpetual race to become king of the 3D printing stock market set is a continual battle and quarterly results are fundamental to bolstering a company's share price.
Reigning champion 3D Systems (NYSE: DDD) is already preparing for its set of first quarter results for 2013, as the South Carolina-based company has announced that it will be holding a conference call and webcast to discuss the report for the first three months of the year on Tuesday April 30th at 09:00 EST.
Indeed, 3D Systems hopes to release these results and file the requisite paperwork on this day and investors are welcome to listen via the web.
The webcast will be available around two hours after the live presentation and those who wish to participate by telephone can find the relevant numbers on the relevant 3D Systems press page.
3D Systems released its results for 2012 in late February, in which it reported record quarterly and annual revenue and gross profit.
Looking ahead, the company anticipated 2013 revenue of between $440 million (£287.26 million, €336.93 million) and $485 million and non-GAAP EPS of $1.00 to $1.15.
For the full 12-month period for 2012, revenue rose by 53.5 per cent to $353.6 million on 90 per cent printers' and other products revenue increase and 22.4 per cent organic growth. Gross profits soared by 66.2 per cent and gross profit margin expanded 390 basis points to 51.2 per cent.
Commenting on the results at the time of release, President and Chief Executive Officer Avi Reichental stated: "We are thrilled with the progress we are making on our consumer growth initiative and expect revenue from our consumer products to be meaningful to our revenue in the second half of 2013."
