=3D Systems (DDD) reported earnings Wed 3 Aug 2016 (b/o)

3D Systems beats by $0.06, misses slightly on revs  :

• Reports Q2 (Jun) earnings of $0.12 per share, excluding non-recurring items, $0.06better than the Capital IQ Consensus of $0.06; revenues fell 7.3% year/year to $158.1 mln vs the $160.9 mln Capital IQ Consensus.
• Quarterly revenue benefited from continued strong demand for the co's healthcare solutions and software as well as higher materials orders from healthcare and industrial customers. However, these gains were not enough to offset the lower demand for 3D printers and on demand manufacturing in the quarter, resulting in a 7% decrease in revenue.
• Gross margin increased to 50.9% benefiting from the co's shift away from consumer products and increased sales of higher margin materials, software and healthcare solutions.
• "We were pleased with continued strong demand for our healthcare solutions and software as well as increased materials sales into advanced industrial and healthcare applications...We see clear opportunities for improvements in 3D printers and on demand manufacturing services as we drive operational excellence and focus on providing reliable end-to-end solutions."