The New Economy and its Winners Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Bill Harmond	5/28/2014 12:29:33 PM
	of 57684

28-May-14 08:35 ET In Play 3D Systems: Brean Capital discusses offering; says this is consistent strategically with recent history (56.64 ) : Brean Capital notes that last evening DDD announced a 5.95M share offering for ~$320M (with an additional option for 893K shares, which would take it to ~$370M) largely to be used for M&A. They say this is consistent strategically with recent history, having raised 7.5M shares in '13. The firm remains convicted in their $750M Revenue estimate for '14, vs. Street of $706M -- and continue to believe DDD can deliver as much as $810M in '14 revenue. Firm believes DDD could raise it's '14 Revenue guidance of $680M-$720M by as early as Analyst Day on June 10, or on the Jun Q earnings call. Moreover, IF their '14 Revenue upside thesis were to materialize, they believe EPS upside of $0.90-$0.95 (vs. Street of $0.82) exists.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next