Core Insights - 3D Systems (DDD) reported a non-GAAP loss of 8 cents per share for Q3 2025, which was better than the Zacks Consensus Estimate by 11.11% and an improvement from a loss of 9 cents per share in the same quarter last year [1][9] - The company's revenues for the quarter were $91.2 million, down 19.2% year over year, and missed the Zacks Consensus Estimate by 1.41% [1][9] Financial Performance - Product revenues decreased by 28.3% year over year to $52.3 million, making up 57.3% of total revenues, while services revenues accounted for 42.7% of total revenues and fell by 2.6% year over year to $38.9 million [3] - Non-GAAP gross profit fell 30.4% year over year to $29.6 million, with a gross profit margin decline of 520 basis points to 32.4% due to lower sales volumes and the divestiture of the Geomagic business [6] - Adjusted EBITDA loss was $10.8 million, which was an improvement of $3.5 million due to a 27.2% reduction in operating expenses to $44.7 million [6] Segment Performance - Healthcare Solutions revenues decreased by 22.3% year over year to $42.8 million, while MedTech revenues increased by over 8% year over year [5] - Industrial Solutions revenues declined by 16.3% year over year to $48.5 million, although Aerospace and Defense revenues grew by 50% year over year [5] Balance Sheet - As of September 30, 2025, cash and cash equivalents were $95.5 million, down from $116.4 million as of June 30 [7] - Total debt remained unchanged at $122.6 million, with $34.7 million maturing in Q4 2026 and the remaining $92 million maturing in 2030 [7] Future Outlook - The company anticipates revenue growth of 8-10% for Q4 2025, driven by increased printer sales and healthcare demand [9][10] - Strong sales of new printer systems and rising materials consumption are expected to contribute to this growth, along with anticipated increases in customer capital expenditures [10]

Core Insights - 3D Systems reported a significant drop in revenue for the third quarter, leading to a 10.1% decline in its share price [1][2] - The company posted a loss per share of $0.08, which was better than the expected loss of $0.12, but revenue of $91.2 million fell short of the anticipated $97.68 million, marking a 19% decline year-over-year [2] - Both the Industrial Solutions and Healthcare Solutions segments experienced substantial revenue drops of 16% and 22%, respectively, contributing to the negative investor reaction despite better-than-expected earnings [2] Financial Performance - The reported revenue of $91.2 million was significantly below expectations, indicating broader weaknesses in the company's performance [2] - The loss per share of $0.08 was an improvement over the forecasted loss, but overall financial results did not meet market expectations [2] Market Reaction - The stock's volatility is highlighted by 73 moves greater than 5% over the past year, indicating that this news has significantly impacted market perception [4] - The stock has decreased by 27.8% since the beginning of the year and is currently trading at $2.31 per share, which is 51.1% below its 52-week high of $4.72 [8] Broader Market Context - The overall market has seen positive momentum, with major indices like the Dow Jones, S&P 500, and Nasdaq Composite climbing significantly, driven by strong corporate earnings and easing trade tensions [6][7] - Despite the positive market environment, 3D Systems' performance stands out negatively, suggesting company-specific challenges [2][8]

Core Insights - Stratasys showcased its distributed manufacturing capabilities during the U.S. Navy's Trident Warrior 25 exercise, emphasizing the role of additive manufacturing in maintaining military readiness and reducing downtime [2][4][8] Company Overview - Stratasys participated in Trident Warrior 25, demonstrating advanced manufacturing solutions that keep military units operational in forward-deployed locations [2][3] - The company collaborated with FLEETWERX and the Naval Postgraduate School's CAMRE to support the Joint Advanced Manufacturing Cell (JAMC) with field-deployable 3D printers and on-demand production [2][3] Industry Impact - The JAMC represented the Department of Defense's largest distributed manufacturing demonstration, connecting assets over 8,000 miles, allowing for in-theater printing and reach-back production [3][4] - The exercise highlighted the reduction of reliance on traditional logistics chains through the deployment of 3D printers in the field, enabling the production of lightweight, corrosion-resistant polymer parts [4][6] Technological Advancements - Trident Warrior 25 illustrated the practical benefits of additive manufacturing, including reduced lead times for critical components and enhanced mission resilience [5][8] - The collaboration between academia, industry, and the military during the exercise aimed to validate and accelerate new technologies for building resilient manufacturing ecosystems [5][6] Training and Readiness - The exercise emphasized the importance of hands-on operator training, providing sailors with real-world experience in using 3D printing to address mission-critical challenges [7] - The integration of advanced manufacturing into logistics and maintenance operations is focused on enhancing military readiness and resilience [6][8]

Core Insights - The sales of consumer-grade 3D printers have significantly increased this year, becoming one of the fastest-growing digital product categories during the "Double Eleven" shopping festival [1] - The price of consumer-grade 3D printers has decreased by 60% compared to three years ago, making them more accessible to consumers [1] - The Chinese government has included desktop 3D printing devices in the category of digital products eligible for subsidies, further boosting sales [1] Industry Overview - As of November 6, there are 182,800 existing 3D printing-related companies in China [4] - The registration of 3D printing-related companies has shown an overall growth trend over the past decade, with 39,900 new registrations expected in 2024, remaining stable compared to the previous year [4] - In 2023, 39,100 3D printing-related companies have been registered, with 38,900 registered in the first ten months, representing a year-on-year growth of 20.39% [4] Company Distribution - New registrations of 3D printing-related companies this year are predominantly concentrated in first-tier cities, accounting for 25.90% of the total [12] - The distribution of newly registered companies correlates positively with city tier levels, with new first-tier cities and second-tier cities contributing 24.80% and 20.25%, respectively [12] Company Age - A significant portion of existing 3D printing-related companies has been established in the last three years, with those founded within 1-3 years making up 34.38% of the total [13] - Companies established within the first year account for 24.55% of the existing firms [13]

Core Insights - The eighth China International Import Expo opened in Shanghai, featuring SINDAN, an AI-driven technology company from the UAE, showcasing highly realistic robots and a bipedal robot capable of carrying coffee [1] Group 1: Company Overview - SINDAN is participating in the expo for the first time, highlighting its advanced robotics technology [1] - The company has the largest industrial-grade AI 3D printing cluster in the Middle East [1] Group 2: Technology and Innovation - SINDAN's bipedal robot features a cup holder made using 3D printing, which allows for rapid prototyping and customization compared to traditional molding methods [1] - The use of 3D printing significantly reduces manufacturing time and material waste, enabling lightweight designs and easy modifications [1] Group 3: Strategic Collaborations - SINDAN collaborates with UAE sovereign institutions and research institutions to provide localized, end-to-end manufacturing solutions across various sectors, including energy, transportation, consumer goods, aerospace, healthcare, and creative industries [1]

Financial Data and Key Metrics Changes - The company's third quarter revenue was $91.2 million, down 13.8% year over year, consistent with normal seasonality trends [4][25] - Non-GAAP gross margin for the third quarter was 33%, compared to 38% in the prior year [26] - GAAP net loss for the quarter was $18 million, or a loss per share of $0.14, an improvement from a loss of $1.35 per share in the prior year [28][29] Business Line Data and Key Metrics Changes - Industrial solutions revenue was $48 million, down 16% year over year, primarily due to softness in printers and material sales in consumer-facing markets [25] - Healthcare solutions revenue decreased by 22% to $43 million, driven by lower sales in dental, while MedTech grew by 8% [26][12] - The dental market is expected to reach $1 billion in industry revenue across the US and Europe over the next several years [10] Market Data and Key Metrics Changes - The overall market for 3D printing remains challenging, with customers showing muted Capex spending due to uncertainty around tariffs [5] - The aerospace and defense segment grew nearly 50% year over year, indicating strong demand in that area [26] - The company is focusing on expanding its presence in the dental market, which is transitioning to 3D printing from traditional methods [11] Company Strategy and Development Direction - The company is rationalizing non-core assets and focusing on strategic investments in metal and polymer printing technology [6] - New printer platforms have been launched, particularly in the jewelry and dental markets, to drive future growth [7][9] - The company is also expanding its initiatives in Saudi Arabia to support local manufacturing and industrialization through 3D printing [17][19] Management's Comments on Operating Environment and Future Outlook - Management noted that the macro environment remains challenging but is taking aggressive actions to adjust the cost structure while maintaining core R&D investments [5] - The company expects continued reductions in operating expenses through the end of the year, targeting over $50 million in annualized savings by year-end [27][31] - Management expressed optimism about the growth potential in the dental market and the overall healthcare segment, anticipating it to be one of the largest revenue streams in the future [11][67] Other Important Information - The company completed the divestiture of its Geomagic software business, which will allow for a more accurate comparison of performance across periods [24] - The financial impact of the recent asset sales is expected to be approximately $1.2 million in revenue and $1 million on gross margin for Q4 [6] Q&A Session Summary Question: Can you touch on the decline in gross margins? - Management explained that the decline was due to the absence of a prior quarter's milestone revenue and some manufacturing variances [34][35] Question: Is there more to do on the cost cut efforts? - Management indicated that while significant strides have been made, there are still some facility consolidations to complete, with continued declines in operating expenses expected [36][39] Question: Can you provide more detail on the partnerships with Lockheed Martin and initiatives in the Middle East? - Management highlighted the importance of local manufacturing and innovation in Saudi Arabia, driven by defense contracts and local sourcing requirements [44][46] Question: What is driving the stabilization in the dental business? - Management noted that the dental market has several revenue streams, with materials for repairs being consistent, while aligner revenue is more volatile [51][54] Question: How will the denture initiative impact revenue? - Management expressed confidence that the denture market will become a more stable revenue stream due to the aging population and the efficiency of 3D printing [66][67]

Third Quarter 2025 Financial Results Welcome and Participants Dr. Jeffrey Graves President & Chief Executive Officer Phyllis Nordstrom Executive Vice President & Interim Chief Financial Officer Monica Gould November 5, 2025 Investor Relations 2 Forward Looking Statements Certain statements made in this presentation that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involv ...

Core Insights - The sales of consumer-grade 3D printers have significantly increased during this year's "Double Eleven" shopping festival, making it one of the fastest-growing digital product categories [1] Group 1: Market Trends - A flagship 3D printer store in Shenzhen features a wall of 28 printers, allowing consumers to select models for quick printing [3] - The price of consumer-grade 3D printers has decreased by 60% compared to three years ago, with entry-level models now available for as low as 1,000 to 2,000 yuan [8][12] - The Ministry of Commerce and other departments have included desktop 3D printing devices in the category of digital products eligible for national subsidies, further boosting sales [8] Group 2: Consumer Demographics - The consumer base includes families, hobbyists, and individuals who have turned their creative pursuits into professions, indicating a shift towards deeper engagement with 3D printing technology [5] - The growth in sales is driven by various applications such as education, creative design, DIY manufacturing, and film props, highlighting the versatility of 3D printing [11] Group 3: Sales Performance - Sales of 3D printers on JD.com have increased by 120% year-on-year, while sales of 3D printing materials have surged by 190% [11]

Core Insights - Velo3D, Inc. will release its Q3 2025 financial results on November 10, 2025, after market close [1] - An earnings conference call will be held on the same day at 2:00 p.m. Pacific Time [2] - The company is recognized for its advanced metal additive manufacturing technology, which is transforming aerospace and defense supply chains [1][4] Company Overview - Velo3D specializes in metal 3D printing technology, also known as additive manufacturing (AM), which enhances the production of high-value metal parts [4] - The company has addressed limitations of legacy metal AM technology, enabling the design and production of previously impossible parts [5] - Velo3D's integrated solution includes Flow print preparation software, the Sapphire family of printers, and the Assure quality control system, all powered by the Intelligent Fusion manufacturing process [5] Industry Impact - Velo3D's technology supports innovation in various sectors, including space exploration, aviation, power generation, energy, and semiconductors [5] - The company has established partnerships with notable innovators such as SpaceX, Honeywell, Honda, Chromalloy, and Lam Research [5] - Velo3D was named one of Fast Company's Most Innovative Companies for 2024, highlighting its impact in the industry [5]

Core Insights - 3D Systems will release its financial results for Q3 2025 on November 4, 2025, after market close [1] - A conference call and webcast to discuss these results is scheduled for November 5, 2025, at 8:30 a.m. Eastern Time [2] Company Overview - 3D Systems has been a pioneer in 3D printing and additive manufacturing for nearly 40 years, founded by Chuck Hull [3] - The company provides industry-leading 3D printing technologies, materials, and software across various high-value markets, including medical, aerospace, and AI infrastructure [3] - 3D Systems aims to transform manufacturing through innovative solutions and a commitment to collaboration with customers [3]