3D Systems Announces 2Q2012 Results

By on August 16th, 2012 in Corporate

Tags: ,

3D printing giant 3D Systems has announced their financial results for the second quarter of 2012, and it appears they’re doing just fine. 
Compared to this quarter last year, their revenues are up a huge 52%, growing to USD$83.6 million. Evidently all their businesses report growth in this quarter, indicating a very strong operation. They even have a backlog of USD$12.3 million in backorders to fill. 
Their gross profit grew by 71% – larger than their revenue growth. This means they’re making their operations more efficient, thus leveraging their huge size. 
What this all means to us is that the numerous corporate acquisitions made by 3D Systems over the past year have all worked out rather well. 

By Kerry Stevenson

Kerry Stevenson, aka "General Fabb" has written over 8,000 stories on 3D printing at Fabbaloo 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!