Shares of 3D-Systems (DDD) have witnessed quite some volatilityduring the first days of the new trading week. Shares ended last Friday around $38 per share, or the equivalent of $57 before the 3-for-2 stock split. Shares fell to lows of $31 on Monday on the back of the fourth quarter results, but have recovered to $36 at the moment.
Fourth Quarter Results
3D Systems generated revenues of $101.6 million for its fourth quarter of 2012, up 45.4% on the year. Revenue growth was driven by a 93% increase in printer and other revenues, and 18.8% in organic growth. Revenues fell slightly short of analysts expectations who on average expected that 3D Systems would report revenues of $103.9 million.
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