3D Printing Stocks

[BiotechValues]

$DDD earnings out & management failed to give full year guidance.

http://finance.yahoo.com/news/3d-systems-reports-first-quarter-120000770.html

EPS looks like a .01/share beat of the much lowered .04/share average estimate with revenue on the lighter side.

I have no position in the stock- only trade in and out on volatile days. IMO, management has lost a lot of credibility with continued misses of (lowered) guidance. Management also stated they would give an update on 2015 projections back when they warned in April- and they didn't give that guidance today...even though we're nearly 1/2 way through the year. This is NOT the way to attract investors.

April 24: "Given current uncertainties from continued macroeconomic pressures and foreign currency headwinds, management is undertaking a comprehensive evaluation of its full year guidance and plans to update investors during its scheduled first quarter 2015 earnings conference call on May 6, 2015."

Now, today: 2015 Guidance

Given marketplace uncertainties, management believes it is prudent at this time to withdraw the company's previously issued annual guidance for 2015. Management continues to rigorously assess the macroeconomic environment and customer demand and plans to provide an update regarding guidance when management has more clarity that sector conditions have stabilized.

"While the current economic climate interfered with our planned cadence for 2015, we believe that the fundamentals of our business and the strength of our portfolio are intact. We remain optimistic about the market opportunities ahead and are fast tracking our planned integration, productivity and efficiency measures without impairing future growth," concluded Reichental.

So I doubt they'll be giving much guidance (if any) on the call based on the above now.

MAYBE the stock will (finally) bottom this week... and maybe it won't. Who knows? But management isn't helping. EVERY company has to deal with the same set of macroeconimic conditions. When you're listed on a major UDS exchange, you do your best to give guidance with those economic conditions. Period.
That's an expectation when you are running a company listed on a major US exchange- Avi running DDD like some kind of OTC stock here by not giving guidance.