3D Systems(US:DDD) GlobeNewswire News Room·2025-07-06 11:50Core Viewpoint - 3D Systems Corporation is facing a federal securities class action lawsuit due to allegations of misleading statements regarding its financial performance and business conditions, with a deadline for investors to seek lead plaintiff status by August 12, 2025 [3][5]. Financial Performance - For Q4 2024, 3D Systems reported a non-GAAP earnings-per-share of -$0.19, missing consensus estimates by $0.08, and sales revenue of $111 million, reflecting a year-over-year decline of 3.4% [6]. - The full-year 2024 sales totaled $440.1 million, a decrease of 10% compared to the previous year, attributed to lower hardware systems sales due to macroeconomic factors [6]. - In Q1 2025, the company reported revenue of $94.5 million, down 8% year-over-year, and a net loss of $37 million, or $0.28 per share, which more than doubled the loss from Q1 2024 [8]. 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 [7]. - After the Q1 2025 results were released, the stock price dropped by $0.68, or 26.6%, closing at $1.87 per share [9]. Legal Allegations - The lawsuit claims that 3D Systems and its executives violated federal securities laws by making false statements about the impact of weakened customer spending and overstating the company's resilience [5]. - The complaint also highlights that updated milestone criteria in the United Partnership would negatively affect the revenue from the Regenerative Medicine Program [5].