Why 3D Systems Stock Crashed After Earnings

Rich Smith, The Motley Fool
·2 min read
Why 3D Systems Stock Crashed After Earnings

"With proceeds from our initial divestitures and positive cash flow," he said, 3D "will continue to look for opportunities to invest in" such enterprises as dental and medical applications of 3D printing, where the company's sales grew 48% in 2020, aiming for "exciting growth, expanding applications, and increasing profitability." On that last bit, management thinks it can achieve between 40% and 44% gross profit margin this year, up from just 40% for all of 2020. The Motley Fool recommends 3D Systems.

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