3D Systems(DDD)
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3D Systems Reports Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-11-26 21:30
ROCK HILL, S.C., Nov. 26, 2024 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter Highlights (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted) Revenue of $112.9 million decreased 9% year-over-year primarily driven by macro weakness in printer sales, partially offset by approximately 10% growth in consumables salesHealthcare Solutions revenue of $55.1 ...
3D Systems Announces Date of Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-11-21 21:19
ROCK HILL, S.C., Nov. 21, 2024 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) (“the Company”) today announced the Company will release its financial results for third quarter 2024 after the U.S. stock markets close on Tuesday, November 26, 2024. The Company will hold a conference call and simultaneous webcast to discuss these financial results on Wednesday, November 27, 2024 at 8:30 a.m. Eastern Time. Third Quarter 2024 Financial Results Conference CallDate: Wednesday, November 27, 2024Time: 8:30 a.m. Eastern Ti ...
3D Systems: Waiting For More Clarity On The Profitability Path
Seeking Alpha· 2024-11-18 04:09
The 3D printing sector has entered a distress phase caused by slowing manufacturing growth and elevated competition among industry incumbents. 3D Systems (NYSE: DDD ) is no exception. To face slower growth due to more extended client CAPEX cycles, the firm hasHello readers! Passionate about technology, my focus will be on finding and analyzing companies that can play a relevant role in today's geopolitics, leverage their IP, and eventually, with time, become new leaders. Therefore, the investment style will ...
Why 3D Systems Stock Is Plummeting Today
The Motley Fool· 2024-11-14 17:00
3D Systems' preliminary Q3 report arrived with news that's worrying investors.3D Systems (DDD -22.59%) stock is plunging today following the publication of the company's preliminary third-quarter results and update. The 3D-printing and engineering specialist's share price was down 22.5% as of 11:45 a.m. ET.After the market closed yesterday, 3D Systems released preliminary Q3 sales results. In addition to the revenue preview, the company also announced that it would be delaying the filing of its quarterly 10 ...
Sauber Motorsports Drives Innovation with 3D Systems' Solutions
GlobeNewswire News Room· 2024-11-14 13:30
Motorsports team adding 3D Systems’ SLA 750 Dual and PSLA 270 technology to workflow to accelerate wind tunnel testing, building on decades-long partnershipBroad material portfolio combined with industry’s most advanced 3D printing technologies enables improved part quality, reduces time to part in hand3D Systems’ solutions driving growth of additive manufacturing use in motorsports — total market for automotive anticipated to reach nearly $8 billion by 2027 ROCK HILL, S.C., Nov. 14, 2024 (GLOBE NEWSWIRE) - ...
3D Systems Announces Preliminary Third Quarter 2024 Revenue Results
GlobeNewswire News Room· 2024-11-13 21:30
Preliminary third quarter 2024 revenue to be approximately $113 million*Q3 materials grew 10% year-over-year and 9% sequentially, offset by declines in printer revenues driven by continued macro-related pressures on capital spending*Record year of product innovation and regulatory approvals supporting future growth in key markets such as Dental, Personalized Healthcare, Aerospace & Defense. This positions the company for exciting future revenue growth as the economy normalizesManagement expects to release a ...
3D Systems Empowers Innovation, Transforms Industries with New Products at Formnext 2024
GlobeNewswire News Room· 2024-11-07 13:30
PSLA 270 solution — new mid-frame projector-based polymer 3D printing platform, Wash 400/Wash 400F and Cure 400 — enables faster production of end-use parts Figure 4® Rigid Composite White & Accura® AMX Rigid Composite White, with early availability in Europe, enables high resolution, high stiffness parts with improved efficiency Range of new print platforms and materials reinforces continued investment in R&D to drive competitive advantage ROCK HILL, S.C., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Today, 3D System ...
DDD Boosts Dental 3D Printing: How Should Investors Play the Stock?
ZACKS· 2024-09-18 19:20
3D Systems (DDD) recently announced an advancement in dental technology, with the Food and Drug Administration (FDA) granting 510(k) clearance for its advanced multi-material, monolithic jetted denture solution. The technology combines NextDent Jet Denture Teeth and NextDent Jet Denture Base, along with advanced jetting technology, software and services, to produce high-quality, durable and aesthetically pleasing dentures.By integrating the FDA-cleared solution, dental laboratories can now enhance efficienc ...
3D Systems Receives FDA Clearance for First-to-Market Multi-material, Monolithic Jetted Denture Solution
GlobeNewswire News Room· 2024-09-17 12:30
Unique multi-material, single-piece dentures offer unparalleled combination of distinctive break resistance and outstanding aesthetics for enhanced patient experienceSolution being implemented by Glidewell, one of the world’s largest dental laboratoriesFDA clearance represents another important milestone in Company’s strategic initiative to expand its market-leading digital dentistry solution portfolio addressing alignment, protection, repair, replacement of teethNew denture product family significantly exp ...
3D Systems Down 64% YTD: How Should Investors Play the Stock?
ZACKS· 2024-09-13 20:11
3D Systems’ (DDD) shares have plunged 63.6% year to date (YTD) compared with the broader Zacks Computer and Technology sector’s return of 17.6%.The underperformance can be attributed to challenging macroeconomic conditions, weak customer demand and stiff competition.In second-quarter 2024, DDD generated revenues of $113.3 million, down 11.7% year over year. The downtick was mainly due to reduced printer sales from macroeconomic challenges affecting hardware demand, partly offset by growth in materials and s ...