Market cap $1.1546B
Enterprise value $1.007B
Employees 2,445
Revenue $635M
EBITDA $11.8M
Income -$50.8M
EPS -0.46
P/E N/A
Forward P/E 59.65
EV/EBITDA 85.55
PEG -19.98
Earnings date 2018-02-28
Volume 1.38M / 2.74M
Relative vol. 0.50 ×
Profit margin -8.01%
Oper. margin -7.75%
Gross margin 48.80%
Sales Q/Q -7.85%
Sales Y/Y -1.53%
Est. EPS Q/Q -93.33%
Beta 1.02
Mean Recomm. 3.30
IPO year 2011
Country United States
RSI 57.57
Range $9.90 – $10.29
52 weeks $7.92 – $23.70
SMA 50 $10 -0.19%
SMA 200 $11 +8.09%
1 year target $10 -4.14%

Intraday

5 days

1 month

3 months

6 months

1 year

5 years

10 years

All time

Thursday, 22 February 2018
-1.38%
prnewswire
3D Systems Redefines Digital Dentistry and Enables Enhanced Patient Care
Monday, 19 February 2018
fool
3D Systems Earnings Preview: What to Watch
fool
Stratasys Earnings Preview: What to Watch Next Week
Wednesday, 7 February 2018
+7.28%
globenewswire
3D Systems Announces Conference Call to Discuss Fourth Quarter and Full Year 2017 Financial Results
Tuesday, 6 February 2018
+8.74%
prnewswire
SOLIDWORKS Users Free to Create More Shapes, More Ways with New 3DXpert™ for SOLIDWORKS®
Thursday, 25 January 2018
-0.19%
247wallst
3D Printing Short Interest Slides as Share Prices Post Double-Digit Gains
Tuesday, 23 January 2018
+4.53%
fool
The State of 3D Printing
Wednesday, 17 January 2018
-10.34%
fool
Why Exact Sciences, A10 Networks, and 3D Systems Slumped Today
prnewswire
3D Systems and Stryker Team Up to Advance Personalized Surgery
Thursday, 11 January 2018
+6.74%
247wallst
3D Printing Short Interest Slides as Share Prices Dip
Wednesday, 10 January 2018
+2.23%
zacks
3D Systems' Technology for KALLISTA's Grid Sink Faucet
Tuesday, 9 January 2018
+1.50%
prnewswire
3D Systems' Direct Metal Printing Solution Revolutionizes the Rules of Design and Production for KALLISTA
Sunday, 31 December 2017
fool
The Best 3D Printing Stock of 2017 -- and How It Gained 101%
Thursday, 28 December 2017
-3.41%
zacks
Can 3D Systems Strategies Aid a Turnaround in 2018?
247wallst
3D Printing Short Interest Can’t Find a Direction
Saturday, 23 December 2017
fool
GE, Adidas, and Others to Pour $200 Million Into Hot 3D Printing Start-Up Carbon
Wednesday, 13 December 2017
+4.21%
zacks
3D Systems Affected By Surging Costs & Macroeconomic Woes
accesswire
Today’s Research Reports on Trending Tickers: 3D Systems and Cree, Inc.
Tuesday, 12 December 2017
+0.00%
247wallst
Short Sellers Looking Again at 3D Printing Stocks
Thursday, 7 December 2017
+2.99%
investopedia
3D Systems Stock: Rounding Bottom to Close the Gap?
Wednesday, 6 December 2017
-2.19%
accesswire
Today’s Research Reports on Trending Tickers: 3D Systems Corporation and Sirius XM Holdings
Tuesday, 5 December 2017
+6.66%
simplywall.st
Does 3D Systems Corporation’s 92.1% EPS Growth Reflect The Long-Term Trend?
benzinga
A Couple Of Theater Chains Are On Short Sellers' Radar
globenewswire
Detailed Research: Economic Perspectives on PPG Industries, Alaska Air Group, 3D, Washington Federal, Prosperity Bancshares, and BancorpSouth — What Drives Growth in Today's Competitive Landscape
Friday, 1 December 2017
+1.93%
fool
Why 3D Systems Stock Plummeted 29% in November
Thursday, 30 November 2017
-2.86%
markit
See what the IHS Markit Score report has to say about 3D Systems Corp.
Tuesday, 28 November 2017
+3.22%
zacks
Philips Teams Up With 3D Systems, Stratasys for 3D Printing
Monday, 27 November 2017
+0.56%
prnewswire
3D Systems Extends Leadership in Precision Healthcare with Technology Advancements to Quickly Create 3D Models
Friday, 24 November 2017
-1.44%
fool
Carbon-Fiber 3D Printing Start-Up Snags Porsche, Siemens, and Microsoft as Investors
Monday, 20 November 2017
-3.62%
barrons
3D Systems: Competition's Tough, New Product Could Help, Says Piper
investorplace
Why 3D Systems Corporation Stock Was Up Today
fool
Why 3D Systems Stock Popped 11% on Monday
simplywall.st
Does 3D Systems Corporation’s Debt Level Pose A Serious Problem?
Thursday, 16 November 2017
+2.46%
zacks
What Falling Estimates & Price Mean for 3D Systems Corporation
zacks
What Falling Estimates & Price Mean for 3D Systems Corporation November ...
nasdaq
What Falling Estimates & Price Mean for 3D Systems Corporation
Wednesday, 15 November 2017
+0.37%
nasdaq
Stratasys Q3 Earnings Top, Revenues Miss, '17 View Up
news.morningstar
25 Cheap Stocks
nasdaq
Validea Kenneth Fisher Strategy Daily Upgrade Report - 11/15/2017
Tuesday, 14 November 2017
-4.67%
fool
Stratasys' Earnings Move in Right Direction, but It's Still Struggling to Grow Revenue
Monday, 13 November 2017
-3.11%
accesswire
Today’s Research Reports on Trending Tickers: 3D Systems and ExOne Co.
fool
Stratasys Earnings Preview: What to Watch on Tuesday
nasdaq
Stratasys Q3 Earnings: What to Expect From the Stock?
Friday, 10 November 2017
+1.74%
prnewswire
3D Systems to Demonstrate Aerospace Manufacturing Leadership with End-to-End Solutions at Dubai Airshow 2017
247wallst
Short Interest in 3D Printing Stocks Treads Water
zacks
Groupon, 3D Systems, Walt Disney, NVIDIA and Nordstrom highlighted as Zacks Bull and Bear of the Day
zacks
Bear of the Day: 3D Systems
Thursday, 9 November 2017
-2.04%
accesswire
Earnings Review and Free Research Report: Mercury Systems’ Revenue Surged 21%; Adjusted EPS Soared 68%
Wednesday, 8 November 2017
+0.91%
globenewswire
Report: Exploring Fundamental Drivers Behind Energen, Metlife, SunTrust Banks, CONSOL Energy, D.R. Horton, and 3D Systems - New Horizons, Emerging Trends, and Upcoming Developments
Tuesday, 7 November 2017
-0.12%
reuters
3D systems says BMW awarded new 3-year contract to company
prnewswire
3D Systems Announces Availability of Figure 4™, the Industry's First Modular, Scalable, Fully-Integrated Additive Manufacturing Platform
prnewswire
3D Systems Selected as Partner of Choice for Large Portion of BMW Additive Manufacturing Processes
prnewswire
3D Systems Unveils Next-Generation Additive Metal Platform for High-Productivity Production
prnewswire
3D Systems' New Offerings Usher in the Next Generation of Additive Manufacturing Solutions for Customers
prnewswire
3D Systems Extends Leadership in 3D Production with Launch of ProX® SLS 6100 for Functional Prototyping and Production-Grade Quality Parts
Monday, 6 November 2017
-4.93%
fool
3D Systems Whiffs on Its Profit Forecast in a Big Way
fool
Why 3D Systems Fell Again This Morning
nasdaq
New Strong Sell Stocks for November 6th
zacks
New Strong Sell Stocks for November 6th November 06, 2017
Friday, 3 November 2017
-1.21%
fool
Ouch, Ouch, Ouch! 3 Stocks, 3 Troubled Tales
Thursday, 2 November 2017
-3.19%
thestreet
3D Systems Could Plunge Even More
fool
3D Systems and Stratasys Have a Frightful Fall
accesswire
Today's Research Reports on Stocks to Watch: Stratasys Ltd. and 3D Systems Corporation
Wednesday, 1 November 2017
+0.85%
fool
Why 3D Systems, Envision Healthcare, and Check Point Software Technologies Slumped Today
fool
Why 3D Systems Corporation's Shares Plunged a Whopping 30% Today
fool
Why 3D Systems Corporation's Shares Plunged a Whopping 30% Today
barrons
3D Systems Plunges 24%: Competition Rears Its Ugly Head, Says B. Riley
nasdaq
3D Systems Sinks, Lags Q3 Earnings, Withdraws Guidance
nasdaq
Mid-Day Market Update: 3D Systems Drops After Q3 Miss; Emerge Energy Services ...
marketwatch
3D Systems shares slide 25% as analysts slash price targets in bearish notes
benzinga
11 Technical Levels Discussed On Wednesday's PreMarket Prep
nasdaq
Pre-Market Most Active for Nov 1, 2017 : EVHC, X, GE, TEVA, DDD, VALE, AAPL ...
Tuesday, 31 October 2017
+3.86%
fool
3D Systems Posts an Adjusted Earnings Loss on Writedown and Other Factors; Stock Plummets
barrons
3D Systems Plunges 16% as Results Hit by Re-Org
investorplace
3D Systems Corporation Shares Plummet on Earnings Miss
247wallst
Why 3D Systems Earnings Plummeted More Than 15%
ap
3D Systems reports 3Q loss
marketwatch
3D Systems plunges after earnings miss, guidance withdrawn
reuters
3D Systems reports Q3 non-GAAP loss per share $0.20, withdraws FY 2017 guidance​
prnewswire
3D Systems Reports Third Quarter 2017 Financial Results
nasdaq
Is the Options Market Predicting a Spike in 3D Systems Stock?
zacks
Is the Options Market Predicting a Spike in 3D Systems Stock? October 31 ...
Friday, 27 October 2017
-2.45%
nasdaq
Can Healthcare Business Drive 3D Systems Q3 Earnings?
Thursday, 19 October 2017
-1.55%
fool
The Reality All Bitcoin and Ethereum Investors Need to Come to Terms With
Saturday, 14 October 2017
fool
Why 3D Systems Stock and Stratasys Stock Plunged 8.8% and 7.4% on Friday
Friday, 13 October 2017
-3.86%
nasdaq
HP Inc Shares Jump on Positive Fiscal 2018 Outlook
Wednesday, 13 September 2017
+1.57%
nasdaq
Will Voxeljet's High Speed Sintering Reinvent 3D Printing?
Thursday, 7 September 2017
-1.44%
nasdaq
Luminex Down 2.5% Since Earnings Report: Can It Rebound?
Thursday, 31 August 2017
-2.79%
nasdaq
4 Low-Ranked Tech Stocks to Offload From Your Portfolio Now
zacks
Why 3D Systems Could Be Positioned for a Slump August 31, 2017
nasdaq
Why 3D Systems Could Be Positioned for a Slump
Thursday, 24 August 2017
+0.00%
seekingalpha
3D Systems - Down But Not Out?
Monday, 21 August 2017
-2.41%
nasdaq
3D Systems Hit by High Operating Costs, Macro Woes
Wednesday, 16 August 2017
+1.29%
seekingalpha
3D Systems: No Growth In Sight
Monday, 14 August 2017
-1.31%
fool
1 Company That Could Eat ExOne's Lunch
Tuesday, 8 August 2017
-2.38%
nasdaq
New Strong Sell Stocks for August 8th
zacks
New Strong Sell Stocks for August 8th August 08, 2017
Sunday, 6 August 2017
fool
2 Critical Takeaways From 3D Systems' Q2 Earnings Call
Thursday, 3 August 2017
-14.77%
fool
Why 3D Systems Corporation's Shares Plunged 19% Today
nasdaq
BUZZ-US STOCKS ON THE MOVE-Tesla, Stamps.com, Fitbit, Teva
marketwatch
3D Scanner Market Growing at a CAGR of 7.8% During 2017 to 2023, Says a New ...
Wednesday, 2 August 2017
-1.33%
reuters
3D Systems Q2 GAAP loss per share $0.08
Monday, 31 July 2017
nasdaq
3D Systems Q2 Results: Is a Surprise in the Cards?
marketwatch
3D Scanner Market Worth 5.90 Billion USD by 2023
Monday, 17 July 2017
-2.74%
zacks
HP Displays Solid Prospects: Should You Buy the Stock?
Tuesday, 11 July 2017
+0.78%
reuters
3D Systems files for potential mixed shelf - SEC filing
Sunday, 9 July 2017
marketwatch
3D Printing Market Growing at a CAGR of 25.76% During 2017 to 2023 ...
Wednesday, 5 July 2017
-0.55%
marketwatch
3D Printing Market Worth 32.78 Billion USD by 2023
nasdaq
Stratasys on Growth Trajectory: Should You Hold?
Thursday, 22 June 2017
+1.76%
nasdaq
3D Systems Struggling With Demand Issues, Tough Competition
Date
#
Company
Insider Title
Trans.
Transaction
Shares Price per share Total price Shares after Source
2017-12-01 G Walter Ii Loewenbaum
Director
Director Buy 6,430 $8.81 $56,648
2017-12-01
1,013,207
2017-08-08 Vyomesh Joshi
President and CEO
President and CEO Buy 15,400 $12.96 $199,584
2017-08-08
165,400
2017-06-08 Andrew Martin Johnson
EVP, Chief Legal Officer & Sec
EVP, Chief Legal Officer & Sec Sale 10,000 $21.19 $211,900
2017-06-08
241,666
2017-06-01 Kevin Mcalea
EVP-COO, Healthcare
EVP-COO, Healthcare Sale 17,500 $20.63 $361,025
2017-06-01
276,074
2017-05-30 G Walter Ii Loewenbaum
Director
Director Sale 25,000 $21.50 $537,500
2017-05-30
982,106
2017-05-23 G Walter Ii Loewenbaum
Director
Director Sale 25,000 $22.29 $557,250
2017-05-23
1,007,106
2017-05-18 G Walter Ii Loewenbaum
Director
Director Sale 25,000 $22.15 $553,750
2017-05-18
1,032,106
2017-03-08 Andrew Martin Johnson
EVP, Chief Legal Officer & Sec
EVP, Chief Legal Officer & Sec Sale 4,000 $14.70 $58,800
2017-03-08
251,666
2016-05-12 G Walter Ii Loewenbaum
Director
Director Buy 20,000 $12.08 $241,600
2016-05-12
1,014,810

Notable SEC filings of 3D Systems Corporation

Date Contents
Source
2017-10-31 10-Q Quarterly report
2017-08-02 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-08-02 10-Q Quarterly report
2017-06-08 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2017-06-05 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-05-17 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Submission of Matters to a Vote of Security Holders
2017-05-03 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-05-03 10-Q Quarterly report
2017-03-31 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2017-03-29 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2017-03-17 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2017-02-28 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-02-28 10-K Yearly report
2017-01-31 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2016-12-28 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; Financial Statements and Exhibits
2016-11-03 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2016-11-03 10-Q Quarterly report
2016-09-12 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2016-08-08 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2016-08-03 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2016-08-03 10-Q Quarterly report
2016-07-28 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-07-05 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2016-06-16 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; Financial Statements and Exhibits
2016-06-07 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-05-18 8-K Submission of Matters to a Vote of Security Holders
Neutral → Underweight
JP Morgan 8 February 2018
Underweight → Neutral
PiperJaffray 19 November 2017
Sell Citigroup 1 November 2017
Buy → Underperform
Bank of America 31 October 2017
Hold Loop Capital 23 July 2017
Neutral Susquehanna 12 July 2017

3D Systems executives

Insider Title Age Since Compensation
Vyomesh Joshi (63)
President, Chief Executive Officer, Director since 2016
President, Chief Executive Officer, Director 63 2016 $8,183,980
John McMullen (58)
Chief Financial Officer, Executive Vice President since 2016
Chief Financial Officer, Executive Vice President 58 2016 $3,511,080
Kevin McAlea (58)
Executive Vice President, Chief Operating Officer - Healthcare since 2014
Executive Vice President, Chief Operating Officer - Healthcare 58 2014 $2,921,500
Andrew Johnson (42)
Executive Vice President and Chief Legal Officer since 2016
Executive Vice President and Chief Legal Officer 42 2016 $2,919,570
Charles Hull (77)
Chief Technology Officer, Executive Vice President, Director since 2003
Chief Technology Officer, Executive Vice President, Director 77 2003 $2,885,030
Thomas Erickson (66)
Independent Director since 2015
Independent Director 66 2015 $721,437
G. Walter Loewenbaum (72)
Independent Chairman of the Board since 1999
Independent Chairman of the Board 72 1999 $399,991
Kevin Moore (62)
Independent Director since 1999
Independent Director 62 1999 $233,116
William Curran (68)
Independent Director since 2008
Independent Director 68 2008 $230,241
William Humes (52)
Independent Director since 2014
Independent Director 52 2014 $204,991
Jimmy Kever (64)
Independent Director since 1996
Independent Director 64 1996 $185,241
Stacey Witten
Vice President Investor Relations
Vice President Investor Relations
Jeffrey Wadsworth (67)
Independent Director since 2017
Independent Director 67 2017
Charles McClure (63)
Independent Director since 2017
Independent Director 63 2017
John Tracy (62)
Director since 2017
Director 62 2017
3D Systems Corporation logo

3D Systems Corporation, through its subsidiaries, provides 3D printing products and services worldwide. The company's 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, nylon, metal, composite, elastomeric, wax, polymeric dental materials, and Class IV bio-compatible materials. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, and colorjet printing. The company also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental materials, and Class IV bio-compatible materials. It offers its printers under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, and production machining and inspection. Further, it offers proprietary software and drivers that provide part preparation, part placement, support placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services; on-demand solutions; and software and healthcare services. It primarily serves companies and small and midsize businesses in a range of industries, including healthcare, automotive, aerospace, government, defense, technology, electronics, education, consumer goods, and energy. The company sells its products and services through direct sales force, partner channels, and distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

  • 3D Systems Corporation, 333 Three D Systems Circle, Rock Hill 29730, United States
  • 3dsystems.com
  • 803-326-3900

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

Balance sheet

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Current assets
Cash $138.332 $153.991 $161.662 $184.947
Short term investments
Net receivables $122.42 $126.287 $124.581 $127.114
Inventory $100.578 $110.816 $105.105 $103.331
Other current assets $21.344 $20.748 $17.909 $17.558
Total current assets $382.674 $411.842 $409.257 $432.95
Long term investments
Property, plant & equipment $91.473 $87.316 $84.803 $79.978
Goodwill $227.82 $225.104 $215.156 $181.23
Intangible assets $106.632 $115.011 $122.594 $121.501
Other assets $27.602 $27.989 $25.862 $25.371
Deferred long term asset charges $5.173 $7.983 $7.958 $8.123
Total assets $841.374 $875.245 $865.63 $849.153
Current liabilities
Accounts payable $102.254 $92.26 $89.488 $90.482
Short long term debt $0.632 $0.613 $0.584 $0.572
Other current liabilities $42.56 $47.543 $51.628 $39.351
Total current liabilities $145.446 $140.416 $141.7 $130.405
Long term debt $7.23 $7.36 $7.454 $7.587
Other liabilities $48.529 $56.068 $54.863 $57.988
Deferred long term liabilities $16.644 $17.25 $18.289 $17.601
Minority interest -$3.039 -$2.56 -$3.052 -$3.173
Total liabilities $214.81 $218.534 $219.254 $210.408
Stockholders' equity
Stock option warrants $8.872 $8.872 $8.872 $8.872
Common stock $0.115 $0.115 $0.115 $0.115
Retained earnings -$667.638 -$629.968 -$621.552 -$621.787
Treasury stock -$7.153 -$4.628 -$3.746 -$2.658
Capital surplus $1,320.074 $1,314.88 $1,307.561 $1,307.428
Other stockholder equity -$27.706 -$32.56 -$44.874 -$53.225
Total stockholder equity $617.692 $647.839 $637.504 $629.873
Net tangible assets $283.24 $307.724 $299.754 $327.142
(in millions) 2016 2015 2014
Current assets
Cash $184.947 $155.643 $284.862
Short term investments
Net receivables $127.114 $157.406 $183.414
Inventory $103.331 $105.877 $96.645
Other current assets $17.558 $13.541 $15.769
Total current assets $432.95 $432.467 $580.69
Long term investments
Property, plant & equipment $79.978 $85.995 $81.881
Goodwill $181.23 $187.875 $589.537
Intangible assets $121.501 $157.466 $251.561
Other assets $25.371 $26.256 $25.825
Deferred long term asset charges $8.123 $1.9 $0.816
Total assets $849.153 $891.959 $1,530.31
Current liabilities
Accounts payable $90.482 $101.568 $107.932
Short long term debt $0.572 $0.529 $0.684
Other current liabilities $39.351 $43.374 $39.21
Total current liabilities $130.405 $145.471 $147.826
Long term debt $7.587 $8.187 $8.905
Other liabilities $57.988 $56.839 $39.903
Deferred long term liabilities $17.601 $17.944 $30.679
Minority interest -$3.173 -$1.263 $1.207
Total liabilities $210.408 $227.178 $228.52
Stockholders' equity
Stock option warrants $8.872 $8.872 $8.872
Common stock $0.115 $0.113 $0.112
Retained earnings -$621.787 -$583.368 $72.124
Treasury stock -$2.658 -$1.026 -$0.374
Capital surplus $1,307.428 $1,279.738 $1,245.462
Other stockholder equity -$53.225 -$39.548 -$24.406
Total stockholder equity $629.873 $655.909 $1,292.918
Net tangible assets $327.142 $310.568 $451.82

Income statement

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Revenue
Total revenue $152.907 $159.467 $156.431 $165.937
Cost of revenue $94.385 $78.794 $76.245 $83.047
Gross profit $58.522 $80.673 $80.186 $82.89
Operating expenses
Research & development $24.36 $24.449 $22.852 $21.05
Selling, general & administrative $66.497 $63.088 $66.405 $57.767
Non-recurring
Other operating expenses
Total operating expenses
Operating income -$32.335 -$6.864 -$9.071 $4.073
Income from continuing operations
Net other income -$1.134 $0.933 $0.201 $0.201
EBIT -$33.469 -$5.931 -$8.87 $4.073
Interest expense $0.123 $0.123 $0.123 $0.102
Income before tax -$33.592 -$5.931 -$8.87 $3.971
Income tax expense $3.723 $2.067 $1.041 -$1.212
Minority interest -$3.039 -$2.56 -$3.052 -$3.173
Net income from continuing ops -$37.67 -$8.416 -$9.971 $5.23
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA -$37.67 -$8.416 -$9.971 $5.23
Income (for common shares) -$37.67 -$8.416 -$9.971 $5.23
(in millions) 2016 2015 2014
Revenue
Total revenue $632.965 $666.163 $653.652
Cost of revenue $323.214 $374.354 $336.218
Gross profit $309.751 $291.809 $317.434
Operating expenses
Research & development $88.395 $92.77 $75.395
Selling, general & administrative $259.776 $303.784 $215.724
Non-recurring $537.179 $537.179
Other operating expenses
Total operating expenses
Operating income -$38.42 -$641.924 $26.315
Income from continuing operations
Net other income
EBIT -$38.42 -$641.924 $26.315
Interest expense $1.392 $13.029 $8.928
Income before tax -$39.812 -$654.953 $17.387
Income tax expense -$0.547 $8.972 $5.441
Minority interest -$3.173 -$1.263 $1.207
Net income from continuing ops -$38.419 -$655.492 $11.637
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA -$38.419 -$655.492 $11.637
Income (for common shares) -$38.419 -$655.492 $11.637

Cash flow

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Net income -$37.67 -$8.416 -$9.971 $5.23
Operating activities
Depreciation $15.571 $15.602 $14.973 $14.804
Net income adjustments $24.226 $6.819 $6.217 $4.739
Change in accounts receivable $5.228 $0.213 $5.336 -$9.227
Changes in liabilities -$4.05 -$2.078 $7.726 $6.486
Changes in inventory -$4.193 -$5.646 -$4.12 $4.058
Changes in other operating activities -$0.183 -$7.901 -$0.84 -$7.381
Total cash flow from operations -$0.716 -$0.989 $19.381 $18.662
Investing activities
Capital expenditures -$9.829 -$5.623 -$5.62 -$4.553
Investments -$3.533
Other cash flows from investing -$3.254 -$1.694 -$34.547 $0.008
Total cash flows from investing -$13.083 -$7.317 -$40.167 -$8.078
Financing activities
Dividends paid
Sale and purchase of stock -$2.524 -$0.882 -$1.088 -$1.364
Net borrowings -$0.007 -$0.148 -$0.142 -$0.269
Other cash flows from financing -$3.206 -$3.206
Total cash flows from financing -$2.531 -$1.03 -$4.436 -$1.633
Effect of exchange rate $0.671 $1.665 $1.937 -$3.362
Change in cash and equivalents -$15.659 -$7.671 -$23.285 $5.589
(in millions) 2016 2015 2014
Net income -$38.419 -$655.492 $11.637
Operating activities
Depreciation $60.535 $83.069 $55.188
Net income adjustments $48.481 $613.024 $21.074
Change in accounts receivable $27.13 $20.89 -$55.977
Changes in liabilities -$12.53 -$18.28 $38.888
Changes in inventory -$22.178 -$31.241 -$33.088
Changes in other operating activities -$5.271 -$6.665 $13.08
Total cash flow from operations $56.902 -$3.128 $51.111
Investing activities
Capital expenditures -$16.567 -$22.399 -$22.727
Investments -$3.533 -$3.533 -$3.533
Other cash flows from investing -$1.782 -$98.456 -$352.714
Total cash flows from investing -$21.882 -$120.855 -$375.441
Financing activities
Dividends paid
Sale and purchase of stock -$2.871 $0.135 $301.625
Net borrowings -$1.055 -$1.049 -$0.696
Other cash flows from financing
Total cash flows from financing -$3.926 -$2.157 $308.582
Effect of exchange rate -$1.79 -$3.079 -$5.706
Change in cash and equivalents $29.304 -$129.219 -$21.454
Messenger