RTTNews | Aug 10, 2021 07:31AM EDT

07:30 Tuesday, August 10, 2021 (RTTNews.com) - Shares of 3D printing and digital manufacturing solutions provider 3D Systems Corporation (DDD) are up more than 12% in pre-market on Tuesday after reporting better-than-expected second-quarter results.

Net loss in the second quarter narrowed to $9.6 million or $0.08 per share from net loss of $38 million or $0.33 per share in the same quarter a year ago.

Excluding items, earnings were $0.12 per share, that beat the average estimate of analysts polled by Thomson Reuters at $0.05 per share.

Revenue for the quarter increased 44.1% to $162.6 million from $112.8 million last year, helped primarily by 68.6% growth in healthcare segment.

DDD closed Monday's trading at $28.35, up 2.49%. The stock is currently at $32.03.

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