3D Systems Announces Date of Third Quarter 2024 Financial Results
3D Systems (NYSE:DDD) announced it will release its Q3 2024 financial results after market close on Tuesday, November 26, 2024, followed by a conference call on Wednesday, November 27. The company received a NYSE Notice on November 19 for non-compliance with listing requirements due to delayed filing of its Q3 Form 10-Q. While this notice doesn't immediately affect DDD's NYSE listing, the company has six months to regain compliance. 3D Systems expects to resolve this by filing the Form 10-Q on November 26, 2024.
3D Systems (NYSE:DDD) ha annunciato che rilascerà i suoi risultati finanziari per il Q3 2024 dopo la chiusura del mercato martedì 26 novembre 2024, seguiti da una conferenza telefonica mercoledì 27 novembre. L'azienda ha ricevuto un avviso NYSE il 19 novembre per non conformità ai requisiti di quotazione a causa del ritardo nella presentazione del suo modulo Q3 10-Q. Anche se questo avviso non influisce immediatamente sulla quotazione di DDD alla NYSE, l'azienda ha sei mesi per ripristinare la conformità. 3D Systems prevede di risolvere la situazione presentando il modulo 10-Q il 26 novembre 2024.
3D Systems (NYSE:DDD) anunció que publicará sus resultados financieros del Q3 2024 después del cierre del mercado el martes 26 de noviembre de 2024, seguido de una conferencia telefónica el miércoles 27 de noviembre. La compañía recibió un aviso de NYSE el 19 de noviembre por no cumplir con los requisitos de cotización debido al retraso en la presentación de su formulario Q3 10-Q. Si bien este aviso no afecta de inmediato la cotización de DDD en la NYSE, la empresa tiene seis meses para recuperar la conformidad. 3D Systems espera resolver esto presentando el formulario 10-Q el 26 de noviembre de 2024.
3D Systems (NYSE:DDD)는 2024년 3분기 재무 결과를 2024년 11월 26일 화요일 시장 종료 후 발표할 예정이며, 그 후 11월 27일 수요일에 컨퍼런스 콜이 진행될 예정입니다. 이 회사는 11월 19일에 Q3 10-Q 양식 제출 지연으로 인해 상장 요건 미발휘에 대한 NYSE 통지를 받았습니다. 이 통지는 즉시 DDD의 NYSE 상장에 영향을 미치지 않지만, 회사는 준수를 회복하는 데 6개월의 시간이 있습니다. 3D Systems는 2024년 11월 26일 Q3 10-Q 양식을 제출하여 이 문제를 해결할 것으로 예상하고 있습니다.
3D Systems (NYSE:DDD) a annoncé qu'il publiera ses résultats financiers pour le Q3 2024 après la clôture du marché le mardi 26 novembre 2024, suivi d'une conférence téléphonique le mercredi 27 novembre. La société a reçu un avis de la NYSE le 19 novembre pour non-conformité aux exigences de cotation en raison du retard dans le dépôt de son formulaire Q3 10-Q. Bien que cet avis n'affecte pas immédiatement le classement de DDD sur la NYSE, la société a six mois pour retrouver la conformité. 3D Systems prévoit de résoudre cela en déposant le formulaire 10-Q le 26 novembre 2024.
3D Systems (NYSE:DDD) hat bekannt gegeben, dass es seine Finanzberichte für das Q3 2024 nach Börsenschluss am Dienstag, den 26. November 2024, veröffentlichen wird, gefolgt von einer Telefonkonferenz am Mittwoch, den 27. November. Das Unternehmen erhielt am 19. November eine NYSE-Mitteilung wegen Nichteinhaltung der Zulassungsanforderungen aufgrund der verspäteten Einreichung seines Q3 Formulars 10-Q. Obwohl diese Mitteilung DDDs NYSE-Listing nicht sofort betrifft, hat das Unternehmen sechs Monate Zeit, um die Einhaltung wiederherzustellen. 3D Systems erwartet, dies zu lösen, indem das Formular 10-Q am 26. November 2024 eingereicht wird.
- Expected timely resolution of NYSE compliance issues with planned Form 10-Q filing on November 26
- Receipt of NYSE non-compliance notice due to delayed Q3 Form 10-Q filing
- Risk of potential delisting if compliance is not achieved within prescribed timeframe
Insights
The late filing of Form 10-Q and receipt of NYSE notice represents a significant compliance issue. The company has until May 2025 to file the delayed quarterly report, with potential for a six-month extension. While 3D Systems has announced plans to file on November 26, which would resolve the immediate compliance concern, the delay raises questions about internal controls and financial reporting processes.
The NYSE's continued listing requirements are important for maintaining investor confidence and market access. Non-compliance can lead to trading restrictions or delisting, though the planned filing should prevent such outcomes. The timing of this announcement, just before Thanksgiving, suggests careful management of market impact.
Receives NYSE Notice Regarding Late Form 10-Q Filing
ROCK HILL, S.C., Nov. 21, 2024 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) (“the Company”) today announced the Company will release its financial results for third quarter 2024 after the U.S. stock markets close on Tuesday, November 26, 2024. The Company will hold a conference call and simultaneous webcast to discuss these financial results on Wednesday, November 27, 2024 at 8:30 a.m. Eastern Time.
Third Quarter 2024 Financial Results Conference Call
Date: Wednesday, November 27, 2024
Time: 8:30 a.m. Eastern Time
Listen via webcast: www.3dsystems.com/investor
Participate via telephone: 201-689-8345
The webcast replay will be available approximately two hours after the end of the conference call at www.3dsystems.com/investor.
Additionally, the Company is announcing that on November 19, 2024, it received a notice (the “NYSE Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE’s continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual, because the Company has not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”), as previously reported and for the reasons described in the Company’s press release dated November 13, 2024 and Notification of Late Filing on Form 12b-25 filed with the SEC on November 13, 2024 (the “Form 12b-25”).
The NYSE Notice has no immediate effect on the listing of the Company’s common stock on the NYSE. The NYSE Notice informed the Company that, under NYSE rules, the Company has six months from November 18, 2024 to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. The NYSE Notice further noted that, if the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant, at its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also notes that the NYSE may nevertheless commence delisting proceedings at any time if it deems that the circumstances warrant.
The anticipated filing of the Form 10-Q by the Company on Tuesday, November 26, 2024, will bring the Company back into compliance with these NYSE listing standards.
About 3D Systems
More than 35 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing solutions partner, we bring innovation, performance, and reliability to every interaction – empowering our customers to create products and business models never before possible. Thanks to our unique offering of hardware, software, materials, and services, each application-specific solution is powered by the expertise of our application engineers who collaborate with customers to transform how they deliver their products and services. 3D Systems’ solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods. More information on the Company is available at www.3DSystems.com.
Forward-Looking Statements
Certain statements made in this release 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 involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions and current expectations and may include comments as to the Company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the Company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the Company’s periodic filings with the SEC, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as the date of the statement. 3D Systems undertakes no obligation to update or revise any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.
Investor Contact: investor.relations@3dsystems.com
Media Contact: press@3dsystems.com
FAQ
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