Investors can contact the law firm at no cost to learn more about recovering their losses The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq. Admitted CA, NY and TX Bars lesley@portnoylaw.com 310-692-8883 www.portnoylaw.com Attorney Advertising On March 26, 2025, 3D Systems announce ...

3D Systems (DDD) Q4 2024 Earnings Call March 27, 2025 03:54 PM ET Company Participants Mick McCloskey - Treasurer & Vice President of Investor RelationsJeffrey Graves - President and CEOJeffrey Creech - Executive VP & CFOTroy Jensen - Managing DirectorTrevor Sahr - Equity Research Associate Conference Call Participants Jim Ricchiuti - Managing Director & Senior Equity Research AnalystGreg Palm - Senior Research Analyst Operator Greetings, and welcome to the three d Systems Fourth Quarter and Fiscal Year twe ...

Core Viewpoint - 3D Systems reported disappointing Q4 2024 earnings, leading to a significant drop in stock price, reflecting ongoing challenges in sales and profitability [1][2][5]. Financial Performance - Q4 2024 earnings showed a loss of $0.19 per share, nearly double the expected loss of $0.11, with sales at $111 million, below the forecast of $115.2 million [2][3]. - Year-over-year sales for Q4 decreased by 3%, and gross profit margin fell by 730 basis points to 31% [3]. - For the full year, sales declined by 10% to $440.1 million, with gross margins down 290 basis points to 37.3%, resulting in GAAP losses of $1.94 per share [4]. Cash Flow and Operational Insights - The company experienced negative free cash flow of $61 million in 2024, an improvement from $107.9 million in 2023 [4]. - CEO Dr. Jeffrey Graves acknowledged the challenges in 2024 due to weak customer capital expenditures but noted an uptick in sales in Q4 and improvements in consumables sales [5]. Future Outlook - Despite some positive indicators, 3D Systems forecasts sales of no more than $435 million in 2025, which is lower than the previous year [5].

3D Systems (DDD) reported a non-GAAP loss of 19 cents per share in the fourth quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 11 cents. The company registered earnings of 13 cents per share in the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The results negatively impacted investor sentiment, leading to a 2.21% drop in the company's share price in the pre-market trading on March 27.DDD reported revenues of $111 million for the fourth quarter o ...

March 27, 2025 Fourth Quarter and Full Year 2024 Financial Results Welcome and Participants Dr. Jeffrey Graves President & Chief Executive Officer Jeffrey Creech Executive Vice President & Chief Financial Officer Mick McCloskey Vice President, Treasury & Investor Relations To participate via phone, please dial: 1-201-689-8345 3 Dr. Jeffrey Graves President & Chief Executive Officer 2 Forward Looking Statements Certain statements made in this presentation that are not statements of historical or current fact ...

3D Systems (DDD) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -72.73%. A quarter ago, it was expected that this maker of 3D printers would post a loss of $0.09 per share when it actually produced a loss of $0.12, delivering a surprise of -33.33%.Over the last four quarters, the company has ...

3D SYSTEMS CORPORATION (Exact name of Registrant as Specified in its Charter) __________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________to____________ Commission File No. 001-34220 ____________ ...

Revenue Performance - Full-year 2024 revenue was $440.1 million, a decrease of 10% compared to the prior year, primarily due to lower hardware systems sales[12]. - Fourth quarter revenue decreased 3% to $111.0 million, including an $8.7 million reduction from a change in accounting estimate related to the Regenerative Medicine program[6]. - Total revenue for Q4 2024 was $111.024 million, a decrease of 3.2% from $114.848 million in Q4 2023[32]. - For the full year 2024, total revenue was $440.1 million, down 9.8% from $488.1 million in 2023[39]. Segment Performance - Healthcare Solutions revenue decreased 21% to $40.4 million in Q4 2024, while Industrial Solutions revenue increased 11% to $70.7 million[7][8]. - Healthcare Solutions revenue declined by 21.1% year-over-year to $40.4 million, while Industrial Solutions revenue increased by 11.0% to $70.7 million[38]. Profitability and Loss - Gross profit margin for Q4 2024 was 31.0%, down from 38.3% in the same period last year, primarily due to accounting estimate changes[9]. - Gross profit for Q4 2024 was $34.445 million, down 21.6% from $43.957 million in Q4 2023[32]. - Net loss attributable to 3D Systems improved by $259.0 million to a loss of $33.7 million in Q4 2024 compared to the prior year[10]. - The company reported a net loss of $33.7 million for Q4 2024, an improvement from a net loss of $292.7 million in Q4 2023[43]. - Adjusted EBITDA for Q4 2024 was a loss of $19.1 million, a decrease of $5.1 million from the same period last year[11]. - Adjusted EBITDA for Q4 2024 was $(19.1) million, compared to $(14.0) million in Q4 2023[43]. - Diluted loss per share for Q4 2024 was $(0.25), significantly better than $(2.25) in Q4 2023[45]. Cost Management and Initiatives - The company announced a new cost reduction initiative expected to deliver over $50 million in annualized savings throughout 2025 and the first half of 2026[4]. - Non-GAAP operating expenses for Q4 2024 were $58.4 million, a decrease from $65.4 million in Q4 2023[41]. - Stock-based compensation expenses for the year ended December 31, 2024, were $18.457 million, compared to $23.504 million in 2023[34]. Cash and Balance Sheet - Cash and cash equivalents totaled $171 million as of December 31, 2024, with total debt of $212 million[16]. - Cash and cash equivalents decreased to $171.324 million as of December 31, 2024, from $331.525 million as of December 31, 2023, representing a decline of 48.3%[30]. - Total assets decreased to $608.846 million in 2024 from $990.660 million in 2023, a reduction of 38.5%[30]. - Total liabilities decreased to $430.695 million in 2024 from $561.901 million in 2023, a decline of 23.3%[30]. - The sale of the Geomagic software platform for $123 million is expected to close in early April 2025, further strengthening the balance sheet[4]. Future Outlook - The 2025 outlook includes revenue guidance of $420 million to $435 million, reflecting flat to modest growth, and an expectation of break-even or better adjusted EBITDA in Q4 2025[18]. - The company plans to focus on market expansion and new product development to drive future growth[39]. Research and Development - Research and development expenses for the year ended December 31, 2024, were $86.479 million, down from $89.466 million in 2023[32]. Asset Management - Asset impairment charges for the year were $145.0 million, down from $304.4 million in 2023, indicating improved asset management[41]. General Guidance - The company does not provide forward-looking guidance for certain measures on a GAAP basis due to the inherent uncertainty of various factors[25].

Core Insights - 3D Systems Corporation reported a decrease in revenue for both the fourth quarter and full year 2024, with total revenue of $440.1 million, down 10% from the previous year [4][12] - The company experienced a net loss of $255.6 million for the full year, an improvement of $107.1 million compared to the prior year [14] - A new cost reduction initiative is expected to deliver over $50 million in annualized savings, with a focus on improving operating efficiencies [4][5] Financial Performance - Fourth quarter revenue decreased by 3% to $111.0 million, including an $8.7 million reduction due to a change in accounting estimates related to the Regenerative Medicine program [6][10] - Gross profit margin for Q4 2024 was 31.0%, down from 38.3% in Q4 2023, primarily due to accounting estimate changes [8][40] - Full-year gross profit margin was 37.3%, compared to 40.2% in the prior year, reflecting similar challenges [13][41] Segment Performance - Healthcare Solutions revenue decreased by 21% to $40.4 million in Q4 2024, while Industrial Solutions revenue increased by 11% to $70.7 million [6][7][39] - For the full year, Healthcare Solutions revenue was $189.7 million, down 11%, and Industrial Solutions revenue was $250.4 million, down 9% [12][39] Operational Highlights - The company launched numerous new products in 2024, maintaining R&D investment despite challenging market conditions [5] - A significant contract in the dental market was secured, enhancing the company's leadership position [5] - The company anticipates a return to flat to modest organic growth in 2025, with progressive cost reductions expected to strengthen EBITDA performance [4][18] Balance Sheet and Cash Flow - As of December 31, 2024, cash and cash equivalents totaled $171 million, a decrease of $160.2 million from the previous year [15] - The company has total debt of $212 million, net of deferred financing costs [15] - Proceeds from the anticipated sale of the Geomagic software platform for $123 million are expected to further strengthen the balance sheet [4][5]

ROCK HILL, S.C., March 21, 2025 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today it will release its financial results for the fourth quarter and full year 2024 and provide 2025 guidance after the U.S. stock markets close on Wednesday, March 26, 2025. The company will hold a conference call and simultaneous webcast to discuss these financial results and outlook on Thursday, March 27, 2025 at 8:30 a.m. Eastern Time. Fourth Quarter and Full Year 2024 Financial Results Conference CallDate: Thursday, M ...