3D Systems

3D Systems Corp. is a holding company, which engages in the provision of comprehensive three-dimensional printing solutions. It offers a comprehensive range of 3D printers, materials, software, haptic design tools, 3D scanners, and virtual surgical simulators. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

3D Systems navigates challenges, targets profitability and growth in 2023

3D Systems faced challenges in 2022 but made strategic investments in innovation and operational efficiencies, achieving significant milestones in regenerative medicine and expanding hardware offerings.
Despite a decline in revenue and negative adjusted EBITDA, the company aims for profitability and positive free cash flow in 2023, focusing on growth initiatives and cost management.
Opportunities lie in regenerative medicine initiatives, industrial applications growth, and potential early market access for technologies, while challenges include declining dental market and operational adjustments.
Overall, 3D Systems is positioned to navigate challenges, capitalize on opportunities, and drive financial performance through strategic investments and operational improvements.

3D Systems reports Q1 challenges but sees growth opportunities ahead

3D Systems faced revenue challenges in Q1 2023 due to dental market softness but showed strength in the orthopedic and industrial segments.
Operational improvements, cost-saving measures, and strategic partnerships present opportunities for revenue growth and technological advancement.
Despite challenges in the dental segment, 3D Systems aims for improved financial performance through restructuring, enhanced gross profit margins, and operational efficiencies.
With a focus on innovation, market diversification, and financial optimization, 3D Systems is poised for sustainable growth and competitive positioning in the additive manufacturing industry.

3D Systems reports Q2 revenue dip, eyes Stratasys merger

3D Systems focuses on scale, organic growth, and regenerative medicine for long-term success, despite short-term revenue challenges in dental markets.
The company anticipates positive EBITDA in Q4 2023, with a strong emphasis on cost optimization and margin expansion strategies.
Opportunities lie in the proposed Stratasys combination, bioprinting business expansion, and global traction of the Titan extrusion platform.

3D Systems reports Q3 results, focuses on metal solutions growth

3D Systems is navigating challenges from weak demand and geopolitical risks while focusing on operational improvements and new product launches.
The company's strategic emphasis on metal printing technology and high-quality parts presents growth opportunities in key industrial markets.
Despite near-term challenges, 3D Systems remains optimistic about market share growth, technological advancements, and the personalized healthcare trend.

3D Systems tackles revenue challenges, eyes growth in 2024

3D Systems navigated revenue challenges in 2023 through restructuring and cost-saving initiatives, positioning for improved margins and profitability in 2024.
Despite setbacks in Q4, the company remains optimistic, emphasizing progress updates and a strategic outlook for growth and operational efficiency in the upcoming year.
Challenges from revenue declines, Chinese competition, and market sentiment are countered by strengths in technology differentiation, cost-saving measures, and growth opportunities.
The company's resilience and adaptability in a competitive market landscape are evident in its strategic focus on profitability, growth initiatives, and product launches.

3D Systems reports revenue growth and debt reduction in Q2

3D Systems showed revenue growth in Q2 after a weak Q1, with improved margins
Successful adoption of additive manufacturing and growth in medical devices
Challenges include delayed filings impacting costs and weakness in printer sales
Opportunities lie in sequential sector growth and innovative market developments

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ROCK HILL, S.C. and INA CITY, Japan, June 19, 2023 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) and SWANY Co., Ltd. announced a collaboration intended to promote the adoption of large-format pellet extrusion 3D printing in Japan. Through this collaboration, SWANY is opening a new demo center that will include a 3D Systems EXT 1070 Titan Pellet printer (formerly Titan Atlas 2.5 HS) — the first of its kind in Japan. With this printer, 3D Systems and SWANY will showcase its capabilities to enable efficient additive and subtractive production of large-format parts. From this location, SWANY will also provide 3D printing services including design support to the Asia-Pacific region to facilitate prototyping and production for a variety of applications. Combining the companies' application and technology expertise, 3D Systems and SWANY will also jointly develop new printing parameters to enable the use of additional mass production and recycled pellet materials to more sustainably address a broader range of applications with UCWS; Upcycling Workspace™ which recently released a framework to enable sustainable manufacturing in collaboration with the local social welfare council and companies.

3D Systems and SWANY Collaborate to Accelerate Adoption of Large-format Pellet Extrusion 3D Printing

3D Systems (DDD) reported earnings 30 days ago. What's next for the stock?

3D Systems (DDD) Up 15.4% Since Last Earnings Report: Can It Continue?

It's been a wild few weeks for some of the biggest names in 3D printing. Last week, Stratasys announced plans to merge with Desktop Metal, and now another industry bigwig is getting in on the action.

After Stratasys and Desktop Metal announce merger plans, 3D Systems proposes acquisition

Desktop Metal

Stratasys

Nano Dimension wants to buy most of Stratasys. Meanwhile, Stratasys wants to buy all of Desktop Metal.

Why Stratasys, 3D Systems, and Desktop Metal Stocks All Popped Today

ROCK HILL, S.C., June 02, 2023 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) confirmed its submission of a proposal to combine with Stratasys (Nasdaq:SSYS) in a cash and stock merger that would convert each Stratasys share into $7.50 in cash and 1.2507 newly issued shares of 3D Systems common stock.1 The combination would create an additive manufacturing industry leader, with Stratasys shareholders owning 40% of the combined company and receiving approximately $540 million in cash. 3D Systems delivered this proposal to the Stratasys Board on May 30, 2023.

3D Systems Confirms Submission of a Superior Proposal to Combine with Stratasys

MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced that it has received an unsolicited non-binding indicative proposal from 3D Systems Corporation (NYSE: DDD) (“3D Systems”) to acquire Stratasys for $7.50 in cash and 1.2507 newly issued shares of common stock of 3D Systems per ordinary share of Stratasys. As announced on May 25, 2023, Stratasys entered into a merger agreement wi.

Stratasys Announces Receipt of Unsolicited Proposal from 3D Systems

ROCK HILL, S.C., May 25, 2023 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced The Technology House (TTH), an Ohio-based contract manufacturer, has purchased an SLA 750 to enhance its manufacturing workflow. 3D Systems' latest Stereolithography (SLA) printer offers unprecedented levels of throughput and reliability as compared to other available SLA printers. The combination of the SLA 750's high-speed production, large build area, and broad materials portfolio is allowing TTH to expand the services offered to its customers. TTH is now able to help its customers push the boundaries of innovation — from prototyping to finished parts — for a range of industrial and healthcare applications.

The Technology House Accelerates Large-Scale Parts Production with 3D Systems' SLA 750

3D Systems Corporation (NYSE:DDD ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Mick McCloskey - Treasurer & Vice President of Investor Relations Jeffrey Graves - President & Chief Executive Officer Michael Turner - Executive Vice President & Chief Financial Officer Conference Call Participants Troy Jensen - Lake Street Capital Chris Grenga - Needham & Company Paul Chung - JPMorgan Brian Drab - William Blair\ Ashley Ellis - Credit Suisse Greg Palm - Craig-Hallum Alek Valero - Loop Capital Markets Operator Hello, and welcome to the 3D Systems Q1 2023 Conference Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation.

3D Systems Corporation (DDD) Q1 2023 Earnings Call Transcript

3D Systems missed expectations on top and bottom lines in the first quarter. GAAP losses were $0.23 per share, and non-GAAP losses were also worse than expected.

Why 3D Systems Stock Just Dropped by 10%

First-quarter revenue decreased 9% year over year, which fell short of the 4% decline Wall Street had expected. Adjusted loss per share was $0.09, missing the $0.07 adjusted loss per share analysts had projected.

3D Systems Stock Drops as Weak Dental Market Takes a Bite Out of Q1 Growth

3D Systems' (DDD) first-quarter 2023 results reflect wider-than-estimated loss, year-over-year growth and acceleration across its Industrial business unit when adjusted for divestments.

3D Systems (DDD) Q1 Loss Wider Than Expected, Sales Down Y/Y

3D Systems (DDD) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.06 per share a year ago.

3D Systems (DDD) Reports Q1 Loss, Misses Revenue Estimates

ROCK HILL, S.C., May 08, 2023 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today its financial results for the first quarter ended March 31, 2023.

3D Systems Reports First Quarter 2023 Financial Results

ROCK HILL, S.C., May 02, 2023 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced it will showcase its additive manufacturing (AM) solutions at RAPID+TCT 2023 that are catalyzing innovation across industries including motorsports, semiconductor equipment, aerospace, and medical device manufacturing. The company's solutions comprising 3D printing technology, materials, software, and applications expertise are changing the landscape of design, engineering, and manufacturing. At RAPID+TCT 2023, 3D Systems is introducing portfolio enhancements – SLS Material Delivery Module, DMP Build Changeover Station, GRCop-42, CuCr1Zr – that will enable customers to expand the breadth of applications they can address with AM and enhance productivity.

3D Systems Showcases Portfolio Enhancements to Accelerate Productivity, Expand Applications at RAPID+TCT 2023

ROCK HILL, S.C., May 01, 2023 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) announced that it has entered into an agreement to acquire Wematter, a Swedish 3D printer manufacturer, that will broaden 3D Systems' Selective Laser Sintering (SLS) portfolio. Wematter designed and introduced the Wematter Gravity in 2019 which brought an affordable, turnkey SLS solution to the market. The closed-loop system is designed to operate in a smaller-footprint environment outside of a manufacturing floor, such as an office. Since that time, Wematter has expanded to three models — Gravity Essential, Gravity Essential+, and Gravity Enterprise — to facilitate the adoption of SLS for a wider range of user environments. As a result of this acquisition, 3D Systems will be able to make SLS available to a broader range of customers with a high-reliability, affordable solution for the production of end-use parts.

3D Systems Expands Portfolio of Selective Laser Sintering Platforms with Acquisition of Wematter

ROCK HILL, S.C., May 01, 2023 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) announced that MolyWorks, a California-based, developer of the circular economy for metal, has integrated the DMP Flex 350 into its manufacturing workflow. As a result, MolyWorks has recognized significant efficiency improvements in its production process, and opportunities to enhance the breadth of capabilities by delivering additively manufactured end-use parts to its customers. With these advantages, MolyWorks has grown its customer base, including the work the company is conducting alongside the United States Air Force to evaluate 3D-printed flight-critical parts.

MolyWorks Streamlines Production, Broadens Customer Offering with 3D Systems' Direct Metal Printing Solution

ROCK HILL, S.C., April 26, 2023 (GLOBE NEWSWIRE) -- Oqton, a wholly-owned subsidiary of 3D Systems (NYSE:DDD), today released the first comprehensive update on the adoption of its AI-driven Manufacturing Operating System, which has focused heavily on the dental market. Dental laboratories are realizing a more than 50% boost in production efficiencies as the Oqton AI capability optimizes all critical additive manufacturing elements into a single workflow in the production environment. This is particularly meaningful given the range of digital manufacturing equipment and OEM suppliers that can link seamlessly into the Oqton platform, allowing for the stepwise adoption of additive manufacturing into production environments at a rate at which each customer chooses. With several hundred dental labs now using the Oqton platform to manage their operations, customer feedback has been overwhelmingly positive, as demonstrated by churn rates ranging from negative 20% to 30%, meaning that customers are not only renewing their licenses but are rapidly expanding the number of licenses they are using in each of their operations.

Oqton AI-Driven Software for Dental Labs Integrates Additive Manufacturing Workflow to Boost Efficiencies by Over 50%

Salzburg University Hospital utilizes 3D Systems' (DDD) point-of-care additive manufacturing technologies to produce groundbreaking cranial implant as custom device for an individual patient's need.

3D Systems' (DDD) Tech Used for Customized Cranial Implant

ROCK HILL, S.C., April 19, 2023 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) announced that the University Hospital of Salzburg (Austria) has successfully applied the company's unique portfolio of point-of-care additive manufacturing technologies to design and produce its first 3D-printed PEEK cranial implant as a custom device for an individual patient need. These technologies were brought together by the hospital's in-house clinicians to successfully address the patient's needs, providing a customized solution that best positioned the team for success. The hospital used Oqton's D2P® software to create 3D models from the patient's CT images and Oqton's Geomagic Freeform® to complete the design of the patient-specific occipital prosthesis. The cranial implant was printed using VESTAKEEP® i4 3DF PEEK by Evonik on 3D Systems' Kumovis R1 extrusion platform. PEEK is a very desirable material for the production of medical devices because it is lightweight, resistant to thermal and ionizing radiation, and possesses mechanical properties similar to those of human bone.  The Kumovis printing platform was specifically designed to enable this type of point-of-care application within the hospital.

Salzburg University Hospital Performs Groundbreaking Surgery Using 3D Systems' Most Advanced Orthopedic Technologies

ROCK HILL, S.C., April 11, 2023 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today it will release its financial results for the first quarter 2023 after the U.S. stock markets close on Monday, May 8, 2023. The company will hold a conference call and simultaneous webcast to discuss these financial results on Tuesday, May 9, 2023 at 8:30 a.m. Eastern Time.

3D Systems Announces Date of First Quarter 2023 Financial Results

HOUSTON, April 05, 2023 (GLOBE NEWSWIRE) -- Today, Systemic Bio™, a 3D Systems (NYSE:DDD) company, announced the opening of its new headquarters for hydrogel scaffold manufacturing and organ-on-a-chip R&D to facilitate its mission to accelerate drug discovery and development. This state-of-the-art facility contains a cleanroom for bioprinted hydrogel production and is located in the TMC Innovation Factory Labs on the Texas Medical Center Campus in Houston. From this location, Systemic Bio's engineers and scientists will continue the development and production of the company's proprietary h-VIOS™ (human vascularized integrated organ systems) organ-on-a-chip platform.

Systemic Bio™ Opens State-of-the-Art Laboratory for Bioprinted Organ-on-a-Chip R&D, Production to Accelerate Drug Discovery & Development

Per the latest collaboration with TE Connectivity, 3D Systems (DDD) develops an innovative additive manufacturing solution to produce electrical connectors.

3D Systems (DDD), TE Connectivity Tie on Electrical Connectors

ROCK HILL, S.C., March 20, 2023 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced its collaboration with TE Connectivity, a world leader in connectors and sensors, to jointly develop an additive manufacturing solution to produce electrical connectors meeting stringent UL regulatory requirements. The solution comprising 3D Systems' Figure 4 ® Modular, Figure 4 material, 3D Sprint ® software, and services was designed to meet TE Connectivity's unique requirements for material performance and high tolerance, reliable printing. The foundation of the solution is a newly developed photopolymer 3D Systems engineered specifically to meet TE Connectivity's requirements. In addition to a world-class flammability rating at 0.4mm thickness, it is the first known printable photopolymer to complete a UL® 1-recognized long-term thermal aging (RTI) study. This material combined with an optimized print process enables the necessary reliability and accuracy required for TE Connectivity's products. Using 3D Systems' Figure 4 technology, the combination of new material properties, speed, and accuracy allows the production of rugged industrial products for the first time, targeted at appliances, cellular and data-center applications. Additive manufacturing provides TE Connectivity freedom of design to create complex geometries that would be difficult to create using injection molding. It increases flexibility for low volume, quick turn production runs, and tooling avoidance, allowing TE to quickly demonstrate its capabilities and its customers to more efficiently meet demand.

3D Systems Collaborates with TE Connectivity on Innovative Solution to Additively Manufacture Electrical Connectors

3D Systems (DDD) introduces new materials, NextDent Base and NextDent Cast and an easy-to-use, small-sized 3D printer, NextDent LCD1, to accelerate its digital dentistry portfolio.

3D Systems (DDD) Strengthens Dental Portfolio With New Launches

3D Systems (DDD) subsidiary Oqton's latest commercial agreement with Baker Hughes is likely to enhance design and production of additively manufactured parts across highly regulated industries.

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