Stockopedia: DDD – Fast Growth Continues

DDD (LON:DDD) – Fast growth continues

Monday, Feb 20 2012 by

Feb 20th 2012– Edison Investment Research today published a report on DDD (DDD.L, LSE:DDD, LON:DDD) entitled “Fast Growth Continues”. In summary, the report says:

In its FY11 trading update, management indicated that FY11 revenues are expected to be c $5.5m, in line with our estimate. With products incorporating DDD’s TriDef 2D to 3D solution now being shipped by TV, PC and mobile phone manufacturers, the group’s revenue mix is more balanced versus FY10 when revenues from the TV market were predominant. In FY11, c 9.1m royalty-bearing units were shipped by licensees, up 250% over FY10. This brings the total TriDef 3D products shipped to over 12m. The balance sheet is robust with $3.1m FY11 year-end net cash.

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