3D Systems Earnings: Revenue Misses Expectations, Stock Drops
As I opined in my 3D Systems (NYSE: DDD) earnings preview, "the 3D printing company had been having a challenging time trying to grow revenue before the COVID-19 pandemic, so it seems likely that its first quarter results aren't going to be pretty."
And pretty they were not, though all things considered, they weren't horrible.
Following the earnings release, shares dropped more than 14% on Thursday, while the market was flat. However, shares did gain back a little ground on Friday, closing up 5.2%.
Source Fool.com
