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Pomerantz Law Firm Announces the Filing of a Class Action Against 3D Systems Corporation and Certain Officers - DDD
Prnewswire· 2025-07-07 17:58
Core Viewpoint - A class action lawsuit has been filed against 3D Systems Corporation and certain officers for alleged violations of federal securities laws during the Class Period from August 13, 2024, to May 12, 2025, seeking damages for misleading statements regarding the company's business and operations [1][6][7]. Company Overview - 3D Systems provides 3D printing and digital manufacturing solutions across various regions, earning revenue from two segments: Healthcare Solutions and Industrial Solutions [3]. - The Healthcare Solutions segment includes dental, medical devices, personalized health services, and a Regenerative Medicine Program focused on additive manufacturing for human organ transplantation [4]. Financial Performance - In Q4 2024, 3D Systems reported non-GAAP earnings-per-share of -$0.19, missing estimates by $0.08, with sales revenue of $111 million, a 3.4% year-over-year decline [8]. - For the full year 2024, sales were $440.1 million, a 10% decrease from the previous year, attributed to lower hardware systems sales due to macroeconomic factors [8]. - In Q1 2025, revenue was $94.5 million, down 8% year-over-year, with a net loss of $37 million, more than doubling the loss from Q1 2024 [9]. Market Response - Following the Q4 2024 results, 3D Systems' stock price fell by $0.57, or 20.96%, closing at $2.15 per share [8]. - After the Q1 2025 results, the stock price dropped by $0.68, or 26.6%, to close at $1.87 per share [10]. Legal Allegations - The lawsuit alleges that during the Class Period, the company and its officers made materially false and misleading statements, including underestimating the impact of weakened customer spending and overstating the resilience of the business [6][7]. - The updated milestone criteria in the United Partnership were claimed to negatively impact the company's Regenerative Medicine Program revenue [7].
Top 3D Printing Stocks to Strengthen Your Portfolio and Maximize Returns
ZACKS· 2025-07-07 15:56
An updated edition of the May 29, 2025 article.3D Printing, also known as additive manufacturing, is a cutting-edge process that transforms digital designs into physical objects by building them layer by layer with remarkable precision. Since its inception in the 1980s, the technology has evolved rapidly and revolutionized the way manufacturers design, create and produce. From customized prosthetics and mechanical components to architectural structures, food and intricate jewelry creations, 3D Printing has ...
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of 3D Systems
Prnewswire· 2025-07-03 11:50
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against 3D Systems Corporation for alleged violations of federal securities laws, urging affected investors to contact them before the August 12, 2025 deadline for lead plaintiff applications in a federal class action lawsuit [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, a year-over-year decline of 3.4%, and a full-year 2024 sales total of $440.1 million, down 10% from the previous year [5]. - In Q1 2025, the company reported revenue of $94.5 million, an 8% year-over-year decline, and a net loss of $37 million, or $0.28 per share, which is more than double the $16 million loss reported in 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 of Misconduct - 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 overstated the company's resilience in challenging market conditions [4]. - It is also claimed that updated milestone criteria in the United Partnership would negatively affect the revenue from the Regenerative Medicine Program, leading to materially false public statements [4].
Proto Labs (PRLB) Earnings Call Presentation
2025-06-25 15:00
Financial Performance & Growth - Protolabs achieved $504 million in revenue in 2023[6] - The company's Non-GAAP gross margin was 45% in 2023[6] - Adjusted EBITDA reached $83 million in 2023[6] - Protolabs Network revenue experienced a 69% year-over-year growth in constant currencies in 2023[60] - The company's revenue increased by 5% year-over-year, excluding Japan, in 2023[56] Customer Base & Manufacturing - Protolabs has served over 53,000 customer contacts[6,36] - The company has manufactured over 450 million parts to date[6] - Over 85% of Fortune 500 companies in target industries are served by Protolabs[36] - More than 90% of revenue comes from returning customers[44] Market & Outlook - Protolabs operates in a $100 billion+ market[8,14,18] - The company anticipates Q1 2024 revenue between $120 million and $128 million, representing a growth range of -5% to 2% year-over-year[73] - Non-GAAP EPS for Q1 2024 is projected to be between $0.26 and $0.34, indicating a year-over-year growth range of -12% to 15%[73]
3D Systems Announces Significant Strengthening of Balance Sheet
Globenewswire· 2025-06-24 20:24
Transactions permanently retire approximately $88 million of debt, 41% of prior balance, at a meaningful discount to parRefinancing extends maturity with issuance of $92 million Convertible Senior Secured Notes due 2030Repurchase of 8 million shares, representing approximately 6% of the Company’s outstanding common stock, in connection with the transaction reduces dilution for equity holdersStrong remaining cash reserves support completion of restructuring efforts while maintaining continuity in key growth ...
Pomerantz Law Firm Announces the Filing of a Class Action Against 3D Systems Corporation and Certain Officers – DDD
GlobeNewswire News Room· 2025-06-23 15:48
NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against 3D Systems Corporation (“3D Systems” or the “Company”) (NYSE: DDD) and certain officers.   The class action, filed in the United States District Court for the District of Delaware, and docketed under 25-cv-00734, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired 3D Systems securities between August 13, 2024 and May 12, ...
Shareholders who own 3D Systems (NYSE: DDD) Should Contact Wolf Haldenstein
GlobeNewswire News Room· 2025-06-18 21:47
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that securities class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of all persons or entities who purchased or otherwise acquired 3D Systems Corporation (3D Systems or the Company) (NYSE: DDD) securities between August 13, 2024 and May 12, 2025, inclusive (the Class Period). Investors who purchased or otherwise acquired shares of 3D Systems should contac ...
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
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities (including the shares of common stock, if any, into which the notes are convertible), nor shall there be any offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws. ROCK HILL, S.C., June 18, 2025 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE: DDD) announced that it has entered int ...
DDD Investor Notice: Robbins LLP Reminds Stockholders of the Class Action Lawsuit Against 3D Systems Corporation
GlobeNewswire News Room· 2025-06-16 20:04
SAN DIEGO, June 16, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired 3D Systems Corporation (NYSE: DDD) securities between August 13, 2024 and May 12, 2025. 3D Systems provides 3D printing and digital manufacturing solutions in North and South America, Europe, the Middle East, Africa, the Asia Pacific, and Oceania. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) ...
YD Illumination Shines at the 2025 Guangzhou International Lighting Exhibition (GILE)
Globenewswire· 2025-06-14 04:50
Group 1 - The 30th Guangzhou International Lighting Exhibition (GILE) took place from June 9 to 12, 2025, featuring over 3,000 exhibitors and focusing on the theme "AI + 3D Printing: Pioneering a New Era of Lighting" [1] - YD Illumination showcased a 200+ square-meter double-decker exhibition hall, highlighting its latest innovations in lighting and AI-powered 3D printing [1][5] - The exhibition included immersive simulations demonstrating the durability of YD Illumination's IP68 lighting products in various harsh environments [3] Group 2 - A notable exhibit was the IP68 Flexible Strip Light Series, which won the Aladdin Golden Lamp Award for National Excellence, alongside the Mini Master-sub controller [3] - An interactive "Mermaid" installation was created using AI-generated 3D modeling and precision 3D printing, allowing real-time human-light interactions [4] - The exhibition featured an AI + 3D Printing Experience Zone where visitors could generate 3D models from text descriptions or images, followed by live demonstrations of the printing process [4] Group 3 - YD Illumination is committed to technological innovation and aims to deliver groundbreaking solutions while exploring the possibilities of light [5]