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Helping Manufacturers With 3D Model

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  • Description

    3D Systems CEO Abe Reichental on how the company’s 3D model printers help manufacturers.

  • Duration 2:50
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Up but not riding the rally today -- -- systems shares are slumping after missing on the top and the bottom lines for their earnings.

Even as the company tries to transform the very way that manufacturing.

-- -- -- -- Reich and tall is the CEO and the president of three systems he joins me out of Fox Business explicit flat that's give up their earnings first and foremost -- -- -- the fun stuff.

Analysts what kinda looking at a third quarter -- happy but.

The fourth quarter they're expecting some big things from the company's warily.

Now let's you have to look at it assailed K we expanded our margins for the April slant on -- -- -- 9% top line brawl was all right that low of cash and we tripled our unit placements.

Hard to apologize for the third -- or even though it wasn't completely in line with expectations it was was and the little bit more and aren't big.

We are pretty optimistic about the fourth while they're on her are optimistic about our overall -- -- And one analysts of the -- -- it was a slight miss was the exact quotation I'm wondering though with regards to an economic slowdown if the enabling we have seen some data that suggest that manufacturing activity.

Has -- weaker in this country we get little.

Bits of help every every week -- -- are you concerned about them.

I'm always concerned about things that they can't control and the economy is one of them but I believe that our technology is transformed they've I believe that the it's about the future competitiveness.

Of the world it's about personal -- -- -- And -- send substantial evidence that companies and individuals.

Are investing in our technology notwithstanding the -- for economic and sort of.

Now let's explain the technology is it is fascinating and the got some of your your models here and bring you sell the printers that actually make these.

So that companies.

Can is it that makes the manufacturing process goes so much easier takes away a model -- just -- model.

You're less expensive -- though it is one point I think 35 million dollar.

Not most expensive -- is about.

It kind of and 50000.

About our least expensive foreign terror.

-- -- thirteen hundred dollars per 1000 XL is not one and a -- now.

I -- -- it's it's it's more like 850 but look at this is about look at this yes and and this is thirteen hundred dollar -- there -- -- gives you Walt Disney's hand.

As Walt Disney's -- and it's and I was beyond our is that.

And and and the point of -- is that anybody who wants to learn create Mae and manufacturing three B.

Has an accessible tool to -- -- at thirteen hundred dollars and then -- 9915100.

In our idea is we want to democratize access to this technology to anybody.

The K average consumer look at the kids the -- -- -- in the garage and in the fact.

Well again the stock down at 50% right now but certainly the fourth quarter many analysts say they're gonna be a different story for you wish off the -- -- -- the CEO three systems they can very much I appreciate my pleasure thanks.

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