3D Systems (DDD), maker of a wide range of 3D Printers was recently ranked 4th on Forbes magazine’s “Fastest Growing Tech Companies” list of 2013.
The South Carolina based company has grown both organically and through acquisition. As a result, 3D Systems now offers machines based on several different technologies and for all levels of use, including personal, professional and production.
It’s hardly surprising that a 3D printing company would make it onto Forbes “Fast 25” list. In the past 5 years 3D printing has become one of the fastest growing technologies in the tech sector. However, what is surprising is the sustained growth that 3D Systems has achieved recently.
Over the past 3 years 3D Systems’ sales have grown an average of 46 percent, and its EPS (Earnings Per Share) over same period has grown by 30 percent annually.
According to Forbes the “Fast 25” list is a “pretty good leading indicator of market outperformance". Over the past 52 weeks 3D Systems’ stock price has more than doubled from $19.05 per share to $47.15, further proving Forbes’ point.
Other notable companies on Forbes’ “Fast 25” list were social media powerhouses Linkedin (no.1), Facebook (no. 2). Uber brand Apple Computer entered the list in the third position, while search giant Google made the list at 17th position.
Image & Video Courtesy of 3D Systems