ROCK HILL, S.C. (AP) _ 3D Systems Corp. (DDD) on Wednesday reported a loss of $16.8 million in its third quarter.
The Rock Hill, South Carolina-based company said it had a loss of 15 cents per share. Losses, adjusted for one-time gains and costs, came to 4 cents per share.
The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for a loss of 4 cents per share.
The maker of 3D printers posted revenue of $155.3 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $152.2 million.
3D Systems shares have decreased 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.75, a decrease of 48% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDD at https://www.zacks.com/ap/DDD
Automated Insights, source Associated Press News