After 3D Systems lowered its expectations for earnings per share for the last quarter of 2013 this morning, its stocks took a dive, bringing fellow 3D printing companies like Stratasys and Voxeljet down as well. 3D Systems was down 27.4 percent this morning and has since bounced back a little bit to being down 15.07 percent, closing at $64.34. The company lowered its expectations after higher than expected spending on research and development, sales and marketing expenses and acquisition concentration costs.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_552e1292d33c6af42a7d3b6cd728c159","wijax_2dd231129eca7242bf283e176b47f6b4"]
{"source":"https:\/\/gigaom.com\/2014\/02\/05\/3d-printing-stocks-tumble-after-3d-systems-lowers-earnings-expectations\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_f234fe4cb28c88990d28a7da02d70140","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2014\/02\/05\/3d-printing-stocks-tumble-after-3d-systems-lowers-earnings-expectations\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_f234fe4cb28c88990d28a7da02d70140","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post