3D Systems Corporation (DDD) Stock Surges, Concerns Remain

3D Systems Corporation (DDD) Stock Surges, Concerns Remain

3D Systems Corporation (NYSE:DDD) earnings are out, and the Street rewarded the firm for hitting its estimates with a nearly 2.5% rise in value after climbing above $79 per share in early trading.

3D Systems Corporation (NYSE:DDD) delivered $154.8 million in revenue in the fourth quarter, up 52% year over year.  Net income was $11.2 million, highlighting the significant costs the firm is facing.  GAAP earnings per share were 11 cents, non-GAAP earnings (excluding options expenses) were 19 cents, close to Wall Street analysts’ consensus estimate. For the full year, revenue increased 45% to $513.4 million. Net income was $4.1 million, GAAP earnings per share were 45 cents and non-GAAP was 85 cents per share.

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More

Price earnings ratio above 100

The firm, with a price earnings ratio exceeding 100, more than doubled its research and development spending, a key source of irritation for hedge fund short sellers to $16.6 million in the fourt