3D Systems(DDD)

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Faruqi & Faruqi Reminds 3D Systems Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 12, 2025 - DDD
Prnewswire· 2025-06-20 15:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against 3D Systems Corporation due to alleged violations of federal securities laws, encouraging affected investors to come forward before the August 12, 2025 deadline for lead plaintiff applications in a federal securities class action [2][4]. Financial Performance - 3D Systems reported Q4 2024 non-GAAP earnings-per-share of -$0.19, missing consensus estimates by $0.08, with sales revenue of $111 million, reflecting a 3.4% year-over-year decline [5]. - For the full year 2024, the company reported sales of $440.1 million, a decrease of 10% compared to the previous year, attributed to lower hardware systems sales due to macroeconomic factors [5]. - In Q1 2025, 3D Systems reported revenue of $94.5 million, down 8% year-over-year, and a net loss of $37 million, or $0.28 per share, more than doubling the loss from Q1 2024 [6]. Stock Price Reaction - Following the Q4 2024 results announcement, 3D Systems' stock price fell by $0.57, or 20.96%, closing at $2.15 per share [5]. - After the Q1 2025 results were released, the stock price dropped by $0.68, or 26.6%, to close at $1.87 per share [7]. Allegations and Legal Context - The complaint against 3D Systems alleges that the company and its executives made false or misleading statements regarding the impact of weakened customer spending and the revenue from its Regenerative Medicine Program [4]. - The firm is encouraging anyone with information regarding 3D Systems' conduct to contact them, including whistleblowers and former employees [8].
3D Systems Corporation Class Action: Levi & Korsinsky Reminds 3D Systems Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 12, 2025 - DDD
Prnewswire· 2025-06-20 13:00
NEW YORK, June 20, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in 3D Systems Corporation ("3D Systems Corporation" or the "Company") (NYSE: DDD) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of 3D Systems Corporation investors who were adversely affected by alleged securities fraud between August 13, 2024 and May 12, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/3d- ...
DDD LAWSUIT ALERT: Levi & Korsinsky Notifies 3D Systems Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-06-19 20:00
NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in 3D Systems Corporation ("3D Systems Corporation" or the "Company") (NYSE: DDD) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of 3D Systems Corporation investors who were adversely affected by alleged securities fraud between August 13, 2024 and May 12, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra ...
Class Action Filed Against 3D Systems Corporation (DDD) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-06-19 13:00
NEW YORK, June 19, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of 3D Systems Corporation (NYSE: DDD).Shareholders who purchased shares of DDD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/3d-systems-corporation-loss-submission-form/?id=153528&from=4CLASS PERIOD: August 13, ...
Shareholders who own 3D Systems (NYSE: DDD) Should Contact Wolf Haldenstein
GlobeNewswire News Room· 2025-06-18 21:47
Core Viewpoint - A securities class action lawsuit has been filed against 3D Systems Corporation for allegedly making materially false and misleading statements during the Class Period from August 13, 2024, to May 12, 2025 [1][2]. Financial Performance - 3D Systems reported disappointing financial results for Q4 and full-year 2024, with a non-GAAP EPS of -$0.19, missing consensus by $0.08 per share [9]. - Sales revenue for Q4 2024 was $111 million, down 3.4% year-over-year, and missed estimates by $4.17 million [9]. - Full-year 2024 revenue totaled $440.1 million, reflecting a 10% decline from the prior year, primarily due to weaker hardware system sales [9]. - A $9 million revenue reduction in Q4 was attributed to changes in accounting estimates related to the Regenerative Medicine Program [9]. Stock Price Reaction - Following the announcement of disappointing Q4 results on March 26, 2025, shares of 3D Systems fell by 20.96%, closing at $2.15 per share on March 27, 2025 [3]. - After the May 12, 2025 press release regarding Q1 2025 results, the stock price dropped by $0.68 per share, or 26.6%, closing at $1.87 per share on May 13, 2025 [5]. Issues Raised in the Lawsuit - The lawsuit alleges that 3D Systems understated the impact of weakened customer spending and overstated its resilience amid challenging industry conditions [9]. - Revised milestone criteria in the United Partnership are expected to adversely affect revenues from the Regenerative Medicine Program [9]. - The company's public statements were deemed materially misleading due to these factors [9].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of 3D Systems
GlobeNewswire News Room· 2025-06-18 11:39
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In 3D Systems To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in 3D Systems between August 13, 2024 and May 12, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, June 18, 2025 (GLOB ...
3D Systems Announces Issuance of $92 Million of Convertible Senior Secured Notes due 2030 and Retirement of $180 Million of Existing Convertible Senior Notes due 2026
Globenewswire· 2025-06-18 11:00
Core Viewpoint - 3D Systems has announced the issuance of $92 million in convertible senior secured notes, which will close on June 23, 2025, to strengthen its financial position and facilitate the repurchase of existing debt and shares [1][2]. Group 1: Notes Issuance Details - The notes will have a 5.875% interest rate, maturing on June 15, 2030, and will be convertible into cash, shares, or a combination at the option of the company [2][3]. - The initial conversion rate is set at 445.6328 shares per $1,000 principal amount, translating to an initial conversion price of approximately $2.24 per share, representing a 20% premium over the last reported stock price of $1.87 [3]. Group 2: Repurchase Plans - Proceeds from the notes will be used to repurchase a portion of the outstanding 0% convertible senior notes due 2026 and to buy back approximately $15 million worth of common stock [5]. - The company has negotiated to repurchase approximately $180 million in aggregate principal amount of the 2026 notes and may continue repurchasing after the notes' closing [6]. Group 3: Stock Repurchase Transactions - 3D Systems plans to repurchase around 8 million shares of its common stock from purchasers of the notes at a price of $1.87 per share, which matches the closing price on June 17, 2025 [7].
DDD INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that 3D Systems Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-06-17 20:00
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 ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages 3D Systems Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - DDD
GlobeNewswire News Room· 2025-06-17 16:13
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].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against 3D Systems Corporation (DDD)
GlobeNewswire News Room· 2025-06-17 00:00
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].