ROCK HILL, S.C. (AP) — ROCK HILL, S.C. (AP) — 3D Systems Corp. (DDD) on Tuesday reported a loss of $25.6 million in its fourth quarter.
The Rock Hill, South Carolina-based company said it had a loss of 20 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 6 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The maker of 3D printers posted revenue of $132.7 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $132.3 million.
For the year, the company reported a loss of $122.7 million, or 96 cents per share, swinging to a loss in the period. Revenue was reported as $538 million.
3D Systems expects full-year revenue in the range of $545 million to $575 million.
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