U.S. markets were in positive territory on Thursday, with the Dow hitting 25,000 points.
Shares of 3D Systems Corp. (DDD, Financial) rose on the heels of the company reporting its financial results for the fourth quarter. The company posted adjusted earnings per share of five cents. The company’s revenue grew 6.8% from the prior-year quarter to $177.26 million.
The company's revenue was boosted by its performance in health care, materials, software and on-demand manufacturing. Demand was fueled by strong execution in the Europe, Middle East and Africa markets and improved execution in the Americas and Asia.
Further, the company reported gross profit margin of 48.2% for the fourth quarter, compared to 50% percent in the year-ago quarter.
Gainers
- Dollar General Corp. (DG, Financial)
- SCANA Corp. (SCG, Financial)
- Centene Corp. (CNC, Financial)
- McDonald's Corp. (MCD, Financial)
Losers
- Qorvo Inc. (QRVO, Financial)
- EQT Corp. (EQT, Financial)
- Monsanto Co. (MON, Financial)
- Mattel Inc. (MAT, Financial)
Global Markets
The main European stock markets closed mostly higher. The U.K.'s FTSE 100 gained 0.10%, France's CAC 40 jumped 0.65% and Germany's Dax advanced 0.88%. Spain's Ibex 35 fell 0.04%.
In Asia, India’s BSE Sensex lost 0.44% and China's SSE Composite fell 0.01%, but Japan's Nikkei 225 advanced 0.12% and Hong Kong's Hang Seng gained 0.34%.
Disclosure: The author holds no positions in any stocks mentioned.
