DDD (LON:DDD) - DDD’s 3D markets continue on a roll
Sep 24th 2012 - Edison Investment Research today published a report on DDD (DDD.L, LSE:DDD, LON:DDD) entitled "DDD’s 3D Markets Continue On A Roll". In summary, the report says:
DDD’s 2012 interims are in line with the trading update provided by management in July. H112 revenue grew by 74% and the group reported its maiden first-half profit. Shipments of the group’s intellectual property in H112 totalled c 7m units, bringing the cumulative total to date to more than 20m. Market shipments of 3D TVs and PCs continue to show healthy growth within a slightly declining overall market. With good growth in the installed base of 3D devices, the group is developing new markets to capitalise on this. We are edging up our 2012 normalised EPS estimate by 0.1c to 0.6c and initiating a 2013 estimate of $11m revenue (up 37%) and normalised EPS of 1.9c, reflecting economies of scale....
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