3D Systems Announces Quarterly Results

As one of the two mega-3D publicly-held printing companies in existence today, 3D Systems is obligated to formally report on their finances periodically. We like view them as a kind of bellwether on the state of the 3D printing industry. So how did they do this quarter?
 
Apparently very well. Their revenue increased a massive 57%, or USD$90M in actual dollars from the corresponding quarter last year. Profit grew at a similar rate, 69%, yielding USD$18.2M income. 
 
Where did this increase come from? Evidently 3D Systems says the growth was "across all revenue categories", but particularly their sales of 3D printers increased substantially: 123% (and remember, this count does not include the low-priced consumer oriented Cube, which would hugely skew the numbers.)
 
Overall, it seems that things are proceeding very well at 3D Systems, and by extension the entire 3D printing market. 
 

General Fabb

Kerry Stevenson, aka "General Fabb" has been writing Fabbaloo posts since he launched the venture in 2007, with an intention to promote and grow the incredible technology of 3D printing across the world. So far, it seems to be working!

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