3D Systems(DDD)
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3D Systems' (DDD) Cranial Implant Solution Receives FDA Nod
Zacks Investment Research· 2024-04-16 15:51
3D Systems (DDD) recently announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for its innovative 3D-printed, patient-specific cranial implant solution, the VSP PEEK Cranial Implant.VSP PEEK Cranial Implant includes a complete FDA-cleared workflow comprising segmentation and 3D modeling software, the 3D Systems EXT 220 MED 3D printer, Evonik VESTAKEEP i4 3DF PEEK (polyetheretherketone), and a pre-defined production process.The VSP PEEK Cranial Implant integrates cutting-ed ...
3D Systems Announces FDA Clearance for World's First 3D-Printed PEEK Cranial Implants
Newsfilter· 2024-04-15 12:30
FDA clearance enables wide-spread adoption of 3D Systems self-contained, cleanroom environment-based printing system, the EXT 220 MED, with medical-grade PEEK materials to deliver patient-specific cranial reconstruction solutions3D-printed PEEK implants using the EXT 220 MED successfully demonstrated in nearly 40 cranioplasties across Europe in recent monthsMarket for cranial reconstruction anticipated to exceed $2 billion by 2030FDA clearance establishes strong foundation for expanded application of these ...
3D Systems' (DDD) Metal 3D Printers Gain Adoption at Wilting
Zacks Investment Research· 2024-03-13 16:26
3D Systems (DDD) recently announced that Wilting, an industrial machining and metal 3D printing service provider, has integrated two single laser DMP Flex 350 and one DMP Flex 350 Dual metal 3D printer into its manufacturing floor.The addition not only augments Wilting's production capacity but also enhances its materials portfolio, catering to the diverse needs of its client base.Wilting's journey into additive manufacturing has been significantly catalyzed by its collaboration with 3D Systems' Application ...
Wilting Expands Production Capacity with Three DMP Flex 350 Printers
Newsfilter· 2024-03-12 12:30
Addition of single and dual laser printers enables use of broader materials portfolio to address new applications with Titanium, Stainless SteelDMP Flex 350's best-in-class oxygen level (<25 ppm), inert atmosphere ensures exceptionally strong, accurate parts for precision applications ROCK HILL, S.C., March 12, 2024 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) announced that Wilting, an industrial machining and metal 3D printing service provider, has added two single laser DMP Flex 350 and one DMP Flex ...
3D Systems Announces Additional Partial Repurchase of Convertible Senior Notes
Newsfilter· 2024-03-05 13:00
Repurchasing approximately $110 million of 0% coupon, convertible senior notes at approximately 22% discount to par value Reduces remaining balance of outstanding notes to approximately $214 million, over 50% reduction from initial issued principal balance of $460 million, due 2026Reinforces balance sheet strength and maintains strong cash position to support operational needs ROCK HILL, S.C., March 05, 2024 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) ("the Company") today announced that it has entered into ...
Why Shares of 3D Systems Are Plummeting This Week
The Motley Fool· 2024-03-01 16:41
After sliding by 11% last week, shares of 3D Systems (DDD 5.07%) have extended their decline this week after the company reported disappointing fourth-quarter results on Tuesday.According to data provided by S&P Global Market Intelligence, as of the market's close on Thursday, 3D Systems was down by 16.5% from the end of trading last week."Significant headwinds" plagued the company last quarter3D Systems reported fourth-quarter revenue of $114.8 million, well shy of analysts' expectations for $126.6 million ...
Why 3d Systems Stock Plummeted Today
The Motley Fool· 2024-02-28 22:24
3d Systems (DDD -23.14%) stock sank in Wednesday's trading. The company's share price closed out the daily session down 23.1%, according to data from S&P Global Market Intelligence.3d Systems published its fourth-quarter results after the market closed yesterday, and the company posted sales and earnings results for the period that fell short of the market's expectations. In addition to underwhelming Q4 performance, the 3D printing specialist also issued forward guidance that fell short of Wall Street's exp ...
3D Systems(DDD) - 2023 Q4 - Earnings Call Transcript
2024-02-28 18:40
3D Systems Corporation (NYSE:DDD) Q4 2023 Earnings Conference Call February 28, 2024 8:30 AM ET Company Participants Jeffrey Graves - President & CEO Jeff Creech - EVP & CFO Andrew Johnson - EVP, Chief Corporate Development Officer & Chief Legal Officer Mick McCloskey - VP, Treasurer & IR Conference Call Participants Troy Jensen - Cantor Fitzgerald Greg Palm - Craig-Hallum Capital Group Brian Drab - William Blair Jacob Stephan - Lake Street Capital Markets Ananda Baruah - Loop Capital Markets James Ricchiut ...
3D Systems(DDD) - 2023 Q4 - Earnings Call Presentation
2024-02-28 14:45
February 28, 2024 Fourth Quarter and Full Year Welcome and Participants Dr. Jeffrey Graves President& Chief Executive Officer Jeffrey Creech Executive Vice President & Chief Financial Officer Andrew Johnson Executive Vice President, Chief Corporate Development Officer & Chief Legal Officer Mick McCloskey Vice President, Treasury & Investor Relations ...
3D Systems (DDD) Q4 Earnings Miss Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-02-28 13:56
3D Systems (DDD) reported a non-GAAP loss of 11 cents per share in fourth-quarter 2023, wider than the Zacks Consensus Estimate of a loss of 7 cents. The company reported a loss of 6 cents per share in the year-ago quarter.The company reported revenues of $114.8 million, which declined 13.5% year over year and lagged the consensus mark by 7.62%.In the fourth quarter, Product revenues contributed 65.1% to total revenues and declined 21.1% to $74.8 million. The figure lagged the Zacks Consensus Estimate by 7. ...