3D printing stock surges 30% after big earnings beat

3D printing stock surges 30% after big earnings beat

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/08/3d-printing-company-shares-skyrocket-after-big-earnings-beat.html

Computer manufacturer 3D Systems shares skyrocketed on Wednesday after the company reported better-than-expected earnings and revenue for the second quarter.

Shares soared as much as 36 percent, putting the stock on track for its best day since Feb. 17, 2011. The company reported earnings after the bell Tuesday of 6 cents per share, crushing expectations of 1 cent per share, according to Thomson Reuters. Revenue for the quarter was $176.6 million, well-above the estimated $165.9 million, according to Thomson.

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