NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against 3D Systems Corporation (“3D Systems” or “the Company”) (NYSE: DDD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired 3D Sy ...

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of 3D Systems Corporation securities during the specified Class Period, indicating potential legal issues for the company and its investors [1][5]. Group 1: Class Action Details - The class action lawsuit is filed for securities purchased between August 13, 2024, and May 12, 2025, and investors may be entitled to compensation without upfront costs through a contingency fee arrangement [2][5]. - Investors wishing to serve as lead plaintiff must file a motion by August 12, 2025, and a lead plaintiff will represent other class members in the litigation [3][5]. Group 2: Allegations Against 3D Systems - The lawsuit claims that 3D Systems made false and misleading statements regarding its business resilience and the impact of weakened customer spending [5]. - It is alleged that the company overstated its resilience in challenging industry conditions and failed to disclose negative impacts on its Regenerative Medicine Program revenue due to updated milestone criteria in a partnership with United Therapeutics Corporation [5]. - The lawsuit asserts that these misleading public statements resulted in investor damages when the true details became known [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing investor rights [4].

Core Viewpoint - A securities class action lawsuit has been filed against 3D Systems Corporation for allegedly making false and misleading statements regarding its financial performance and business conditions during the class period from August 13, 2024, to May 12, 2025 [1][2]. Group 1: Allegations and Financial Performance - The lawsuit claims that 3D Systems understated the impact of weakened customer spending and overstated its resilience in challenging industry conditions [2]. - The updated milestone criteria in the United Partnership are alleged to negatively impact the Company's Regenerative Medicine Program revenue [2]. - 3D Systems reported Q4 2024 non-GAAP earnings-per-share of -$0.19, missing consensus estimates by $0.08, and sales revenue of $111 million, which is a -3.4% year-over-year decline [3]. - For the full year 2024, the Company reported sales of $440.1 million, a decrease of 10% compared to the prior year, attributed to lower hardware systems sales due to macroeconomic factors [3]. - A $9 million revenue reduction in Q4 was reported due to a change in accounting estimates for the Regenerative Medicine program [3]. - Following the financial results announcement, 3D Systems' stock price fell by $0.57 per share, or 20.96%, closing at $2.15 per share on March 27, 2025 [3]. Group 2: Legal Proceedings - Investors who purchased shares of 3D Systems are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on August 12, 2025 [4]. - The lead plaintiff will act on behalf of other class members in directing the litigation [4].

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of 3D Systems Corporation securities between August 13, 2024, and May 12, 2025, due to alleged misleading statements made by the company [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that 3D Systems made false and misleading statements regarding the impact of weakened customer spending and overstated its resilience in challenging industry conditions [5]. - The lawsuit also alleges that updated milestone criteria in a partnership with United Therapeutics Corporation would negatively affect 3D Systems' Regenerative Medicine Program revenue [5]. - Investors are encouraged to join the class action, with no out-of-pocket fees or costs through a contingency fee arrangement [2][3]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must move the Court by August 12, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].

Core Viewpoint - A class action has been filed against 3D Systems Corporation for allegedly misleading investors regarding its business prospects and financial performance [1][2]. Group 1: Allegations and Financial Performance - The complaint alleges that 3D Systems understated the impact of weakened customer spending and overstated its resilience in challenging industry conditions [2]. - The updated milestone criteria in the United Partnership are claimed to negatively impact the revenue of the Company's Regenerative Medicine Program [2]. - On March 26, 2025, 3D Systems announced disappointing financial results for Q4 and full-year 2024, leading to a stock price drop of $0.57 per share, or 20.96%, closing at $2.15 on March 27, 2025 [3]. - For Q1 2025, 3D Systems reported revenue of $94.5 million, down 8% year-over-year, missing consensus estimates of $99.5 million, and a net loss of $37 million, or $0.28 per share, more than doubling the $16 million loss from Q1 2024 [4]. - The adjusted loss per share was $0.21, deeper than the consensus estimate of a loss of $0.14, and adjusted EBITDA showed a loss of $23.9 million, worsening from a $20.1 million loss in Q1 2024 [4]. - The Company attributed its disappointing results to a decline in material sales, particularly due to inventory management issues in the dental segment of its Healthcare Solutions [4]. - 3D Systems withdrew its full-year 2025 outlook, citing prolonged softness in customer capital spending and macroeconomic uncertainty [4]. - Following the Q1 results announcement, the stock price fell $0.68 per share, or 26.6%, closing at $1.87 on May 13, 2025 [4].

ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against 3D Systems Corporation (“3D Systems” or the “Company”) (NYSE: DDD). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding 3D Systems’ business, operations, and compliance policies, including allegations that: (i) 3D Systems had understated the impact of weakened customer spending on the Company’s business, while ...

Core Viewpoint - A class action has been filed against 3D Systems Corporation for allegedly misleading investors about its business prospects, particularly regarding customer spending and revenue impacts from updated milestone criteria in its Regenerative Medicine Program [1][2]. Financial Performance - On March 26, 2025, 3D Systems announced disappointing financial results for Q4 and full-year 2024, leading to a stock price drop of $0.57 per share, or 20.96%, closing at $2.15 on March 27, 2025 [3]. - For Q1 2025, 3D Systems reported revenue of $94.5 million, down 8% year-over-year, missing consensus estimates of $99.5 million. The company also reported a net loss of $37 million, or $0.28 per share, more than doubling the $16 million loss from Q1 2024 [4]. - The adjusted loss per share was $0.21, worse than the consensus estimate of a loss of $0.14 per share, and adjusted EBITDA showed a loss of $23.9 million, worsening from a $20.1 million loss in Q1 2024 [4]. - The company withdrew its full-year 2025 outlook due to prolonged softness in customer capital spending and macroeconomic uncertainty, resulting in a further stock price decline of $0.68 per share, or 26.6%, closing at $1.87 on May 13, 2025 [4].

A month has gone by since the last earnings report for 3D Systems (DDD) . Shares have lost about 1.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is 3D Systems due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out ...

Core Insights - 3D Systems is collaborating with Penn State University and Arizona State University on NASA-sponsored projects to develop advanced thermal management solutions for spacecraft [1][5][6] - The projects focus on creating lightweight, efficient heat pipe radiators using additive manufacturing technologies, specifically targeting next-generation satellites and space exploration [1][2][6] Group 1: Project Details - The collaboration has led to the development of titanium heat pipe radiators that are 50% lighter and can operate at temperatures of 230°C, enhancing heat transfer efficiency for space applications [2][5] - A significant innovation includes the creation of a passive shape memory alloy (SMA) radiator using nitinol, which has a projected deployed-to-stowed area ratio 6 times larger than current solutions, allowing for more efficient use of space in CubeSats [1][3][5] Group 2: Technological Advancements - The use of Oqton's 3DXpert® software has enabled the embedding of a porous network within heat pipes, streamlining the manufacturing process and improving performance [2][3] - The passive SMA radiator can be deployed without motors, relying on heat from fluid inside, which simplifies the design and reduces potential points of failure in space [3][4] Group 3: Market Potential - The total addressable market for additive manufacturing in space applications is projected to reach nearly $4 billion by 2030, indicating significant growth opportunities for 3D Systems [5][6] - The global market for additive manufacturing in the aerospace industry was estimated at $1.2 billion in 2023 and is expected to grow to $3.8 billion by 2030, highlighting the increasing adoption of these technologies [6]

Core Viewpoint - 3D Systems reported a wider-than-expected non-GAAP loss in Q1 2025, indicating ongoing challenges in revenue generation and market conditions [1][2][11] Financial Performance - The company incurred a non-GAAP loss of 21 cents per share, compared to a loss of 17 cents per share in the same quarter last year [1] - Revenues for the quarter were $94.5 million, down 8.1% year over year, and missed the Zacks Consensus Estimate by 3.91% [2] - Product revenues decreased by 14.6% year over year to $54.7 million, while services revenues increased by 2.5% to $39.8 million [3][4] - Non-GAAP gross profit fell 19.7% year over year to $33.1 million, with a gross profit margin decline of 500 basis points to 35% [6] Segment Performance - Healthcare Solutions revenues decreased by 9% year over year to $41.3 million, while Industrial Solutions revenues declined by 7.5% to $53.2 million [5][6] - The Personalized Healthcare business grew by 17%, and manufacturing operations for FDA-approved parts increased by 18%, indicating strong demand in critical markets [6] Operational Metrics - Adjusted EBITDA showed a loss of $23.9 million, down $3.8 million year over year, primarily due to lower volumes and unfavorable pricing [7] - As of March 31, 2025, cash and cash equivalents were $135 million, down from $171.3 million at the end of 2024, with total debt slightly increasing to $212.3 million [8] Strategic Developments - The sale of the Geomagic portfolio in April improved liquidity, adding over $100 million to cash reserves, totaling approximately $250 million as of April 30, 2025 [9] - The company has withdrawn its full-year 2025 guidance due to uncertainties in capital expenditures but remains focused on achieving profitability [10][11] Market Outlook - The Zacks Consensus Estimate for 2025 revenues is $427.61 million, suggesting a year-over-year decline of 2.84%, with an expected loss of 39 cents per share [12]