Manufacturer of 3D metal printers Arcam AB (NASDAQ OMX: ARCM.ST, OTC: AMAVF) has just released their January-September report this morning and the results look good! Or, in 3D printing stock analyst Gary Anderson’s words, “exceptionally strong.” The Arcam site recorded earning a growth of $0.32 per share from $.07 per share over the period. In Q3, Arcam’s earnings were 15.2 MSEK (about $2.2 million in net income) but, with a positive tax benefit, this number increases to 23 MSEK (about $3.2 million). This compares to zero gain or loss during Q3 of last year.…
The original post Metal 3D Printer Manufacturer Arcam Reports Strong Earnings in Q3 appeared first on 3D Printing Industry.