3D Systems Corporation announced today that its first quarter revenue grew 45% from the prior year to $147.8 million on 28% overall organic growth, resulting in GAAP earnings of $0.05 per share and non-GAAP earnings of $0.15 per share for the first quarter.
“Our first quarter results reflect expanding demand across all of our revenue categories, led by strong 76% unit sales growth of design and manufacturing printers, and the ongoing placement of manufacturing printers that continued to increase the growth rate of materials,” said Avi Reichental, 3DS’ President and Chief Executive Officer.
First Quarter 2014 Revenue Highlights (compared to first quarter 2013):
- 3D printers and other products revenue increased 53% to $60.8 million.
- Print materials revenue grew 41% to $40.4 million.
- Services revenue rose 38% to $46.6 million.
- Healthcare revenue increased 53% to $21.7 million.
- Consumer revenue expanded 150% to $9.7 million.
To view an unabridged version of this press release, visit: http://www.3dsystems.com/press-releases/3d-systems-reports-first-quarter-2014-financial-results
