On Thursday, Shares of 3D Systems Corporation (NYSE:DDD), lost -8.96% to $10.46.
3D Systems Corporation, declared its financial results for the third quarter and nine months ended September 30, 2015.
For the third quarter of 2015, the company stated revenue of $151.6 million, a decrease of 9% over the comparable quarter in 2014, or a 3% decrease on a constant currency basis. The company stated a GAAP loss of $0.29 per share and non-GAAP earnings of $0.01 per share.
“We are disappointed with our overall results and the lower revenue from our 3D printing products and services, which we believe were negatively influenced by continued challenging market conditions that extended customers’ capital investment cycles and reduced demand across all geographies,” commented Andrew Johnson, Interim President & Chief Executive Officer and Chief Legal Officer, 3D Systems. “However, we are happy that our 3D healthcare simulators and services and 3D software contributed favorably to our results.”
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
Shares of Hecla Mining Company (NYSE:HL), declined -3.65% to $2.11, during its last trading session.
Hecla Mining Company, declared third quarter net loss applicable to common shareholders of $10.0 million, or $0.03 per share, and a loss after adjustments applicable to common shareholders of $20.5 million, or $0.05 per share.
THIRD QUARTER HIGHLIGHTS AND NOTEWORTHY ITEMS
- Sales of $104.9 million.
- Adjusted EBITDA of $17.8 million.
- Operating cash flow of $26.8 million.
- Total silver production of 2.6 million ounces at a cash cost, after by-product credits, per silver ounce, of $7.52. 3
- Gold production of 43,635 ounces, of which Casa Berardi produced 29,259 ounces at a cash cost, after by-product credits, per gold ounce of $793. 3
- Cash and cash equivalents of $174.5 million at September 30, 2015.
- San Sebastian, Hecla’s fourth operating mine, predictable to produce ore by year end. Stripping has started exposing the Middle Vein.
- Strong exploration success at San Sebastian and Casa Berardi.
“During the third quarter we delivered solid production performance, with Greens Creek ongoing to lead the way. Cash costs, after by-product credits, were higher because of the weak price of our by-product metals,” said Phillips S. Baker Jr., Hecla’s President and CEO. “Hecla’s cash flow and balance sheet have allowed continued investment in capital improvements, growth and exploration initiatives; the benefits of which are just starting to be realized. We expect San Sebastian to start processing ore by year end, Casa Berardi is accessing a newly discovered, high-grade stope and the Lucky Friday has returned to full production after replacing the main ventilation booster fans.”
Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers.
Finally, Shares of American Express Company (NYSE:AXP), ended its last trade with -0.23% loss, and closed at $73.90.
American Express, Vice Chairman, Stephen J. Squeri, will take part in the Citi Financial Technology Conference in New York City, on Tuesday, November 10, 2015, at 1:00 p.m. (ET). Mr. Squeri will take part in a question and answer session related to the company’s business, with a focus on technology and digital payments strategy.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.