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 - 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].

Group 1 - A smart furniture company in Hangzhou has a leading position in the all-aluminum home furnishing industry and is expanding production capacity to meet market demand despite facing challenges like long receivable cycles and insufficient working capital [1] - Hangzhou Bank's Nanyang branch has provided a cloud loan of 1 million yuan to support the company's new production line, reflecting the bank's commitment to serving technology-driven enterprises and promoting inclusive finance [1] - The bank focuses on the manufacturing sector and specialized small and medium-sized enterprises, enhancing its service model through diversified financial products [1] Group 2 - The Huzhou Guoqian Dongyuan Intelligent Industrial Park emphasizes high-level talent and technology innovation, focusing on core industries such as 3D printing and intelligent manufacturing [2] - Many startups in the park face financing difficulties due to their light asset operation model, which does not align with traditional mortgage financing [2] - Hangzhou Bank's Huzhou branch has developed a "mortgage + credit" comprehensive financial service plan for six technology-based enterprises, successfully reducing their financing costs [2] Group 3 - The Huzhou branch has formed a professional team to provide point-to-point services for technology companies, addressing their common characteristics of heavy R&D and light fixed assets [4] - A new product combining "mortgage +优企贷" has been launched to convert both hard assets and soft technology strengths into new development momentum for enterprises, saving them approximately 50,000 yuan in financing costs annually [4] Group 4 - AA Company, a high-tech SME specializing in drone countermeasure products, has achieved key technological breakthroughs and is experiencing a surge in orders, necessitating funds for raw material procurement [5] - The Jiaxing branch of Hangzhou Bank quickly responded to the company's needs by conducting an on-site investigation and utilizing a pure credit, no-collateral approach for lending [6] - The branch facilitated a rapid approval process for a 10 million yuan loan, enabling the company to purchase materials and expand production to capitalize on market opportunities [6]

Core Viewpoint - 3D Systems has experienced a decline of approximately 1.6% in share price over the past month, underperforming the S&P 500, raising questions about its future performance leading up to the next earnings release [1] Estimates Movement - Estimates for 3D Systems have remained flat over the past month, with the consensus estimate shifting down by 6.67% [2] VGM Scores - The company holds a Growth Score of B, but significantly lags in Momentum Score with an F, and also has a Value Score of F, placing it in the fifth quintile for this investment strategy; the overall aggregate VGM Score is D [3] Outlook - 3D Systems is assigned a Zacks Rank of 4 (Sell), indicating expectations of below-average returns in the upcoming months [4]

Core Viewpoint - Northann Corp. has stated that it is not aware of any new material developments or pending announcements that may be influencing the recent volatility in its stock trading [1] Group 1: Company Overview - Northann Corp. specializes in 3D printing and manufacturing solutions, positioning itself at the forefront of 3D printing technology [2] - The company focuses on innovation, aiming to push the boundaries of manufacturing and design while delivering high-quality products to a global customer base [2] Group 2: Market Activity - The company has acknowledged recent volatile market activity in the trading of its common stock but has not identified any specific factors contributing to this volatility [1]

Core Viewpoint - Stratasys (SSYS) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often adjust their valuations based on earnings estimates, leading to buying or selling pressure that affects stock prices [4]. Recent Performance of Stratasys - For the fiscal year ending December 2025, Stratasys is expected to earn $0.31 per share, reflecting a 416.7% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Stratasys has increased by 54.3%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating [9][10]. - Stratasys's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Core Viewpoint - The 3D printing industry in China is experiencing significant growth in 2024, with total import and export value reaching 9.824 billion yuan, a year-on-year increase of 30.31% [3]. Company Performance Summary Platinum Technology (铂力特) - Revenue for 2024 is 1.326 billion yuan, with a net profit of 104 million yuan - Revenue increased by 15.02% year-on-year, while net profit decreased by 5.26% [3] Huazhu High-Tech (华曙高科) - Revenue for 2024 is 492 million yuan, with a net profit of 67.21 million yuan - Revenue decreased by 18.82% year-on-year, and net profit decreased by 48.76% [4] Sikan Technology (思看科技) - Revenue for 2024 is 333 million yuan, with a net profit of 121 million yuan - Revenue increased by 22.41% year-on-year, and net profit increased by 5.49% [5] Xianlin 3D (先临三维) - Revenue for 2024 is 1.202 billion yuan, with a net profit of 226 million yuan - Revenue increased by 18.07% year-on-year, and net profit increased by 59.08% [7] Guanghua Weiye (光华伟业) - Revenue for 2024 is 544 million yuan, with a net profit of 26.89 million yuan - Revenue increased by 29.85% year-on-year, while net profit decreased by 39.01% [8] Fenghua Zhuoli (峰华卓立) - Revenue for 2024 is 184 million yuan, with a net loss of 20.89 million yuan - Revenue decreased by 9.34% year-on-year, transitioning from profit to loss [9] Jiayi High-Tech (嘉一高科) - Revenue for 2024 is 71.09 million yuan, with a net loss of 1.685 million yuan - Revenue decreased by 14.60% year-on-year, transitioning from profit to loss [10] Aurora Innovation (极光创新) - Revenue for 2024 is 22.97 million yuan, with a net loss of 2.33 million yuan - Revenue increased by 34.08% year-on-year, with a significant reduction in loss by 58.39% [12] Industry Overview - The 3D printing industry in 2024 shows strong growth, with some companies achieving significant revenue and profit increases through technological innovation and market expansion. However, challenges such as market competition and rising costs have led to losses for other companies [3].

Group 1 - 3D Systems reported poor results in the first quarter, primarily due to weak materials sales to dental alignment customers [1] - The company is pessimistic about the impact of tariffs on its business [1] Group 2 - Narweena, an asset manager, focuses on identifying market dislocations resulting from a poor understanding of long-term business prospects [1] - The firm believes excess risk-adjusted returns can be achieved by targeting businesses with secular growth opportunities in markets with barriers to entry [1] - Narweena's investment strategy emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term horizon [1] Group 3 - The aging population, low population growth, and stagnating productivity growth are expected to create a different set of investment opportunities compared to the past [1] - Many industries may face stagnation or secular decline, which could paradoxically enhance business performance due to reduced competition [1] - Conversely, some businesses may encounter rising costs and diseconomies of scale [1] Group 4 - The economy is increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments over time [1] - A large pool of capital is pursuing a limited set of investment opportunities, resulting in rising asset prices and compressed risk premia [1] Group 5 - Richard Durant, the leader of Narweena, holds undergraduate degrees in engineering and finance and an MBA, and has passed the CFA exams [1]