Jun.15, 2013
3D Systems has been ranked at 4th place on a Forbes list of America's 25 fastest growing tech companies, which has been topped by career-oriented networking portal LinkedIn Corp. (NYSE:LNKD)
LinkedIn topped the list with 102 percent growth in average sales over the past three years and 51 percent growth in three-to-five-year estimated earnings per share, or EPS.
Social networking giant Facebook (Nasdaq:FB) was ranked second, followed by Apple (Nasdaq:AAPL) at the third place.
3D Systems came in fourth - "3D Systems: Printing 3-D objects from scratch is one of the hottest growth ideas in tech, and 3D Systems is a top seller of the machines. Its home version is called the Cube ($1,299)." describes Forbes.
3D Systems had an average 46 percent growth in sales for the past three years and 30 percent growth in estimated EPS.
Others on the list include IPG Photonics (5th), EPAM Systems (6th), Shutterstock (7th), InvenSense (8th), Shutterfly (9th), OpenTable (10th), SolarWinds (11th), athenahealth (13th), Ixia (14th) and Equinix (15th).
Interestingly, the online search engine giant Google Inc. (Nasdaq:GOOG) was No. 17 on the list.
"The list is a pretty good leading indicator of market outperformance", says Forbes in the story.
Each year Forbes combs 25 fastest-growing technology companies from more than 5,000 publicly traded technology companies. Only profitable companies with a minimum revenue of $150 million and a minimum market value of $500 million can be included in the list. Further Forbes looked for firms with sales growth of at least 10% for each of the past three fiscal years and over the latest 12 months. Forbes also required companies to have three-to-five-year estimated earnings-per-share growth rates greater than 10%. Finally they ranked companies based on their three-year average sales growth rates in descending order.
The full list can be found here.
Posted in 3D Printing Companies
Maybe you also like:
- 3D Systems to buy Sintering 3D Printer Provider Phenix Systems
- Mcor announces 600% growth in sales and $2m funding from ITLG
- Rumor: 3D Printer Firm MakerBot in Acquisition Talks
- MakerBot Opens New 50,000 Square Foot Factory in Brooklyn
- Pirate3D to bring 3D Printing to Africa
- Stratasys announces record financial results for Q1 2013
- 3D Systems Buys RPDG
- ExOne Opens Materials R&D Laboratory in Ohio
- 3D Systems revenue jumps 31 percent as it sold 81 percent more printers
- Supermodel Coco Rocha experienced 3D printing at Shapeways
- voxeljet takes over British 3D service provider Global TCT
- ExOne aims to raise its annual revenue to $100M within 3 years
- Singapore to invest $500 million in 3D printing
- Pirate3D aims to bring affordable 3D printing to the masses
3Ders.org provides the latest news about 3D printing technology and 3D printers. We are now seven years old and have around 1.5 million unique visitors per month.
