by General Fabb
3D printing giant 3D Systems has announced their financial results for the second quarter of 2012, and it appears they're doing just fine.
Compared to this quarter last year, their revenues are up a huge 52%, growing to USD$83.6 million. Evidently all their businesses report growth in this quarter, indicating a very strong operation. They even have a backlog of USD$12.3 million in backorders to fill.
Their gross profit grew by 71% - larger than their revenue growth. This means they're making their operations more efficient, thus leveraging their huge size.
What this all means to us is that the numerous corporate acquisitions made by 3D Systems over the past year have all worked out rather well.
Via 3D Systems