3D Systems Corporation (NYSE:DDD) has announced that it printed the very first hybrid robotic exoskeleton, enabling a woman to “walk tall.” The 3D printing company used its systems to make the 3D printed Ekso-Suite specifically for Amanda Boxtel.
How 3D Systems made the suit
According to the press release, 3D Systems Corporation (NYSE:DDD) used 3D scanning “to digitize the contours of Amanda’s thighs, shins and spine and create a personalized three-dimensional base to inform the shape of the required assemblies.” The company then added specialized components and controls made by Ekso Bionics to create the very “first ever bespoke suit.”
3D Systems riding high
Shares of 3D Systems Corporation (NYSE:DDD) have been riding high since Friday when shares rose more than 10% in the wake of an announcement of a new partnership with Hasbro, Inc. (NASDAQ:HAS). The two companies did not provide many details, but they did say that they would be working on “immersive, creative play experiences powered by 3D printing.”
3D Systems Corporation (NYSE:DDD) will release its next earnings report on Feb. 28. Management reduced guidance for that report recently, saying they expect net income of between 83 cents and 87 cents per share. Their previous guidance was for between 93 cents and $1.03 per share. The company has indicated that demand for professional 3D printed materials was strong, demand for parts and consumer devices was softer.
3D Systems looks strong
The Street rates 3D Systems Corporation (NYSE:DDD) as a Buy because of several strengths, which the site’s analysts believe will have a bigger impact on it than any weaknesses. Specifically, they pointed to the company’s “robust” growth in revenue, which rose 49.9% since the same quarter a year ago, beating the 4.7% industry average. They also noted 3D’s mostly solid financial positioning, 6.3% year over year earnings per share growth and solid cash flow. They believe these strengths will be greater than the fact that 3D’s return on equity has been rather disappointing for investors.