Mediabistro Grows Momentum in the 3D Printing Industry
(3DPrintingStocks.com) 3DPrintingStocks analyst reports, “Nasdaq-listed Mediabistro Inc. has made an early and swift move into the leadership position of the 3D printing business-to-business trade show market and it’s beginning to pay off in the company’s financials.” NOTE: Mediabistro is the publisher of 3DPrintingInsider.
The analyst Gary Anderson explains why investors in 3D printing pure play stocks should consider investing Mediabistro.
With only 6 million shares outstanding even small improvements in the bottom line can have a big impact on the per share earnings, which is why MBIS is such an intriguing stock as it continues to make headway into the 3D printing space.
Anderson quotes Mediabistro’s CEO Alan Meckler on the Q3 results: “Our financial results for the third quarter included two iterations of our newest trade show, Inside 3D Printing Conference and Expo, which took place during the month of July in Chicago and during the month of September in San Jose. These trade shows continue to be critically and financially successful and we are very excited about the growth possibilities of this brand. Anderson quoted from an interview, “Mr. Meckler also told me that the Inside 3D Printing Conference and Expo events carry very high margins and that ‘the vast majority of revenue goes to the bottom line’.”