Why 3D Systems Corporation's Shares Plunged 19% Today

Shares of 3D Systems Corporation (NYSE: DDD) had a rough start to the trading day Thursday, falling as much as 19.2% after reporting earnings. At 10:30 a.m. EDT shares were still down 18.5% on the day.

Revenue in the second quarter rose 1% to $159.5 million at 3D Systems, although that fell well short of the $162.5 million analysts were expecting. Net loss nearly doubled to $8.4 million, or $0.08 per share, although on a non-GAAP basis earnings were $0.08 per share, $0.04 short of estimates.

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Source: Fool.com