3D Systems Corp
NYSE:DDD
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3D Systems Corp
3D Systems Corp. is a holding company, which engages in the provision of comprehensive three-dimensional printing solutions. The company is headquartered in Rock Hill, South Carolina and currently employs 1,721 full-time employees. The company went IPO on 2011-03-26. The firm is principally engaged in providing three-dimensional (3D) printing and digital manufacturing solutions. Its products and solutions include 3D printers for plastics and metals, materials, software, maintenance and training services, and on demand solutions. Its solutions support applications in two key industry verticals: Healthcare, which includes dental and medical devices services; and Industrial, which includes aerospace and transportation. The firm offers a range of 3D printing technologies, including Stereolithography (SLA), Selective Laser Sintering (SLS), Direct Metal Printing (DMP), MultiJet Printing (MJP), ColorJet Printing and SLA based bioprinting. The company also offers 3D virtual reality simulators and simulator modules for medical applications. The company markets its products and services through subsidiaries in North America and South America, Europe and the Middle East, and the Asia Pacific region.
3D Systems Corp. is a holding company, which engages in the provision of comprehensive three-dimensional printing solutions. The company is headquartered in Rock Hill, South Carolina and currently employs 1,721 full-time employees. The company went IPO on 2011-03-26. The firm is principally engaged in providing three-dimensional (3D) printing and digital manufacturing solutions. Its products and solutions include 3D printers for plastics and metals, materials, software, maintenance and training services, and on demand solutions. Its solutions support applications in two key industry verticals: Healthcare, which includes dental and medical devices services; and Industrial, which includes aerospace and transportation. The firm offers a range of 3D printing technologies, including Stereolithography (SLA), Selective Laser Sintering (SLS), Direct Metal Printing (DMP), MultiJet Printing (MJP), ColorJet Printing and SLA based bioprinting. The company also offers 3D virtual reality simulators and simulator modules for medical applications. The company markets its products and services through subsidiaries in North America and South America, Europe and the Middle East, and the Asia Pacific region.
Revenue Decline: 3D Systems reported Q3 revenue of $91.2 million, down 13.8% year-over-year and reflecting continued weakness in customer capital spending and macro uncertainty.
Cost Reduction Progress: The company continued to cut operating expenses, achieving a 24% YoY reduction (excluding divested Geomagic) and remains on track to deliver over $50 million in annualized savings by year-end.
Gross Margin Pressure: Gross margin dropped to 33% from 38% a year ago, mainly due to lower volumes, manufacturing variances, and the absence of a previous Regenerative Medicine milestone.
New Product Launches: 3D Systems launched new printer platforms, including the MJP 300W Plus for jewelry and the NextDent Jetted Denture Solution for dental labs, both receiving strong positive feedback.
Strategic Divestitures: The company completed the sale of its Oqton and 3DXpert software platforms, impacting Q4 revenue and margin by about $1.2 million and $1 million, respectively.
Healthcare Growth: MedTech and personalized health services showed solid growth, with MedTech up 8% YoY and expected to grow at double digits for the year.
Saudi Joint Venture Momentum: 3D Systems' joint venture in Saudi Arabia secured high-profile deals in energy and defense, including a $26 million framework agreement and a partnership with Lockheed Martin.
Guidance: Q4 guidance factors in the effects of software divestitures, and management expects operating expenses to continue declining through the first half of 2026.