Welcome to our dedicated page for 3-D Sys Del news (Ticker: DDD), a resource for investors and traders seeking the latest updates and insights on 3-D Sys Del stock.
About 3D Systems
3D Systems Corporation (NYSE:DDD) has been a transformative force in the manufacturing industry for over three decades. With a legacy rooted in pioneering 3D printing, the company has continually redefined what is possible in additive manufacturing by providing a comprehensive suite of digital design and fabrication solutions. Its offerings span advanced 3D printers, an extensive range of materials—including plastics, metals, ceramics, and edibles—and integrated software platforms that connect design, simulation, and production. This cohesive ecosystem empowers industrial and healthcare customers to transform concepts into tangible, high-precision products.
Advanced 3D Printing and Additive Manufacturing Solutions
At the core of 3D Systems' business is a commitment to innovation in additive manufacturing and digital design. The company’s cutting-edge 3D printing hardware and cloud-driven manufacturing services allow for precise fabrication of complex parts. This includes high-quality production for industries that demand rigorous standards, such as aerospace, automotive, and defense. Its portfolio of technologies not only improves production speed and efficiency but also reduces material waste and costs by enabling advanced design techniques and streamlined processes.
Healthcare Solutions and Digital Dentistry
3D Systems has made significant inroads into the healthcare sector by offering personalized medical solutions that enhance patient outcomes. Its digital dentistry innovations, notably the FDA-cleared multi-material jetted denture solution, enable dental laboratories to produce aesthetic and durable dentures with high efficiency. Additionally, its comprehensive approach to personalized healthcare now includes simulation, surgical planning, and the production of patient-specific medical devices. This integration of precision engineering and medical expertise directly supports enhanced surgical workflows and improved patient care.
Industrial Integration and Investment Casting
Within the industrial sector, 3D Systems addresses traditional manufacturing challenges with innovative techniques. Its proprietary QuickCast Air tool optimizes the production of investment casting patterns by reducing material consumption, accelerating build times, and lowering overall costs. By converting standard casting methods into a digitally driven process, the company enables manufacturers in high-demand industries—such as aerospace, energy, and automotive—to produce high-precision components with reduced lead times and significantly enhanced design flexibility.
Software Platforms and Workflow Integration
Complementing its hardware, 3D Systems leverages robust software solutions that redefine manufacturing workflows. Platforms like 3D Sprint and 3DXpert simplify the transition from computer-aided design to final production, automating repetitive tasks and integrating quality inspection protocols. The Oqton Manufacturing OS further exemplifies this integration by optimizing factory-floor operations across multiple manufacturing sites. These platforms not only foster an efficient design-to-production process but also incorporate advanced simulation tools and traceability features essential for regulated environments.
Global Impact and Technological Expertise
Operating throughout the Americas, EMEA, and APAC, 3D Systems has established a far-reaching global presence. Its expansive network of offices and facilities supports a diverse customer base, ensuring that innovative digital manufacturing solutions are accessible worldwide. The company’s continual investment in research and development has reinforced its position as a trusted partner in high-criticality markets. By addressing cost pressures, elevating production quality, and reducing time-to-market, 3D Systems serves as a critical enabler of modern manufacturing across multiple sectors.
Strategic Market Position and Industry Innovation
3D Systems differentiates itself in a competitive landscape by combining decades of experience with ongoing technological innovation. Its business model integrates hardware excellence with sophisticated software and material science, which collectively enhance automation and production efficiency. This comprehensive approach has allowed 3D Systems to set industry benchmarks, facilitating high-volume, precise manufacturing while navigating the challenges inherent in traditional production methods. Through its collaborative mindset with both customers and strategic partners, 3D Systems continues to shape the future of digital manufacturing and secure its role as a cornerstone of the modern industrial ecosystem.
3D Systems (NYSE: DDD) has announced that its management will present at the Stifel 2022 Cross Sector Insight Conference in Boston, MA on June 8 at 3:35 p.m. Eastern Time. A live webcast of the presentation will be accessible on the Events and Presentations section of 3D Systems’ website and will remain available for replay for at least 30 days following the event. This presentation aims to provide insights into the company's advancements in Additive Manufacturing solutions across various industries.
3D Systems (NYSE:DDD) has established its inaugural Medical Advisory Board (MAB), appointing Stephen K. Klasko, MD, MBA, as Chair. The MAB aims to provide strategic guidance for the company's regenerative medicine initiatives as they transition to advanced development and human application. Dr. Klasko, noted for his transformative leadership at Jefferson Health—growing its revenue from $1 billion to over $9 billion—will leverage his expertise to mitigate risks and enhance program objectives. His vision focuses on integrating digital technology with healthcare to improve outcomes and reduce costs.
3D Systems has partnered with Airbus Defence and Space to produce components for OneSat, the first satellite that can be fully reconfigured in orbit. This multi-year contract includes the development of antennae for the entire OneSat fleet. Utilizing their DMP Factory 500 Solution, 3D Systems will manufacture two large antenna arrays per satellite, optimizing performance and reducing weight. This collaboration showcases 3D Systems' extensive expertise in additive manufacturing, which has been honed through successful past projects with Airbus, enhancing supply chain efficiency in the aerospace sector.
3D Systems Corporation (NYSE:DDD) reported Q1 2022 revenue of $133.0 million, a 9.0% decline year-over-year, driven by asset divestitures. Adjusted for these divestitures, revenue increased by 10%. The company experienced an adjusted EBITDA margin of 1.4% and a diluted GAAP loss per share of $0.21. Cash and short-term investments stood at $745.6 million. Despite challenges like supply chain issues and geopolitical tensions, strong demand was noted in the Industrial and Healthcare segments, with adjusted year-over-year revenue growth of 15.7% and 4.6%, respectively.
3D Systems (NYSE:DDD) announced the resignation of CFO Jagtar Narula, effective May 20, 2022, to pursue another opportunity. Wayne Pensky, former CFO of Hexcel, has been appointed as the interim CFO starting May 21. The company confirmed its revenue guidance for 2022, projecting revenue between $570 million and $630 million, with non-GAAP gross margins of 40-44% and operating expenses of $225-250 million. The guidance assumes no significant adverse macroeconomic factors will impact performance.
3D Systems has launched the VSP Bolus, a customized solution for radiotherapy, after receiving FDA 510(k) clearance. This product, part of the company's VSP solutions, streamlines the design and production process, allowing providers to focus on patient care. Unlike off-the-shelf boluses, the VSP Bolus is tailored to each patient, minimizing air gaps and improving treatment efficacy. With 50% of cancer patients undergoing radiotherapy, this innovation addresses a critical need in personalized healthcare. 3D Systems' expertise in additive manufacturing enhances patient comfort and treatment targeting.
3D Systems (NYSE: DDD) is set to host an Investor Day on May 16, 2022, in Detroit, MI. President and CEO Dr. Jeffrey Graves, along with key executives, will present the company’s market opportunities and growth strategies, starting at 12:00 p.m. ET. Interested attendees must register via email. The event will also be webcast live and available on their Investor Relations website.
3D Systems, a leader in Additive Manufacturing, offers innovative solutions across various industries, empowering customers to revolutionize their product delivery.
3D Systems (DDD) will announce its Q1 2022 financial results on May 9, 2022, after U.S. market closure. A conference call to discuss these results is scheduled for May 10, 2022, at 8:30 a.m. Eastern Time. Interested parties can participate via phone or listen to the webcast. The company's innovative 3D printing solutions cater to diverse sectors, including healthcare, automotive, and aerospace, emphasizing their role as a leader in Additive Manufacturing. Details on their offerings and company updates can be found on their investor page.
3D Systems (NYSE:DDD) has acquired Titan Robotics LLC, a leader in pellet-based polymer extrusion 3D printing, enhancing its manufacturing capabilities. The deal, facilitated by Reynolds Advisory Partners, closed on April 1, 2022. Titan Robotics aims to innovate traditional manufacturing with its hybrid technology, offering synergies for 3D Systems' growth and expanding its global sales reach. Titan specializes in large-format, industrial 3D printers, utilizing advanced materials for diverse manufacturing applications, driving the adoption of industrial 3D printing across industries.
3D Systems announced the launch of the SLA 750 stereolithography printing solution, the first synchronous dual-laser SLA printer, aimed at high-volume production applications. The SLA 750 and SLA 750 Dual offer up to 2X faster print speeds and 3X throughput compared to previous models. This new platform also features Accura AMX Durable Natural material for enhanced mechanical performance and the PostCure 1050 post-processing system for faster curing. Integrated with Oqton Manufacturing OS, this solution enhances manufacturing efficiency across various industries, including automotive and aerospace.