3D Systems 2016 Revenues Decreasing Slightly as Company Rebounds Money & Funding
While some were expecting the armageddon – after the excessive euphoria of the 2013-2014 period – the company seems to be doing just fine with 3D Systems 2016 revenues decreasing just slightly for the full fiscal year. To be precise, revenues decreased 5% to $633.0 million compared to $666.2 million in 2015, which included approximately $20 million of revenue from consumer products that the company discontinued at the end of 2015. The company reported a GAAP loss of $0.35 per share for 2016 compared to a loss of $5.85 per share in 2015 and non-GAAP earnings of $0.46 per share compared to non-GAAP earnings of $0.27 per share in 2015.